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H.R. 524

BillFederalHouseIn Committee
Restore America’s Main Street Act of 2021
About This Bill
Committee
Latest Action · January 28, 2021
Referred to the House Committee on Ways and Means.
Congress
117th (2021–2023)
Introduced
January 28, 2021
Cosponsors (1)
1D 0R
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Summary

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Restore America's Main Street Act of 2021 This bill provides a small business with $1.5 million or less in gross receipts and not more than 50 full-time employees a refundable tax credit (rebate) equal to the lesser of 30% of its gross receipts for the first taxable year beginning in 2021, or $120,000. The credit is also available to certain charitable organizations.

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