# 114-hr-4868: Rural Main Street Investment Credit Act of 2016

114-hr-4868, Rural Main Street Investment Credit Act of 2016, is a 114th Congress bill sponsored by Rep. Kind, Ron [D-WI-3] (D-WI); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-4868
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-4868
- Congress: 114
- Title: Rural Main Street Investment Credit Act of 2016
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2016-03-23
- Sponsor: Rep. Kind, Ron [D-WI-3] (D-WI)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Rural Main Street Investment Credit Act of 2016 This bill amends the Internal Revenue Code to allow a business-related tax credit for 35% of new investment in a rural microbusiness. There is a limit on such credit, for any rural microbusiness or any taxpayer, of $10,000 in a taxable year reduced by the amount allowed as a credit for all preceding taxable years. A "rural microbusiness" is a trade or business that employs not more than five full-time employees in a taxable year and that is carried on, and physically located, in a distressed rural area. A "distressed rural area" as an area that has lost at least 5% of its population over the last 10 years or 10% of its population over the last 20 years, that has a median family income below 85 % of the national median family income, that has a poverty rate that exceeds 12.5%, or where average unemployment in the preceding year exceeds 120% of the national average.

## Related bills

- 114-hr-6498: Presidential Tax Disclosure Act of 2016
- 114-hr-6436: U.S. Insurance Regulation Works Act of 2016
- 114-hr-6431: Promoting Travel, Commerce, and National Security Act of 2016
- 114-hr-6396: Retirement Security for American Workers Act
- 114-hr-6382: No Religious Registry Act
- 114-hr-6346: NO HATE Act of 2016

## Sources
- [114-hr-4868 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/4868)

## Related
- [114-hr-6498: Presidential Tax Disclosure Act of 2016](https://policyrisk.com/legislation/114-hr-6498)
- [114-hr-6436: U.S. Insurance Regulation Works Act of 2016](https://policyrisk.com/legislation/114-hr-6436)
- [114-hr-6431: Promoting Travel, Commerce, and National Security Act of 2016](https://policyrisk.com/legislation/114-hr-6431)
- [114-hr-6396: Retirement Security for American Workers Act](https://policyrisk.com/legislation/114-hr-6396)
- [114-hr-6382: No Religious Registry Act](https://policyrisk.com/legislation/114-hr-6382)
- [114-hr-6346: NO HATE Act of 2016](https://policyrisk.com/legislation/114-hr-6346)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-4868 (as of 2025-11-18).