116-hr-6354116th Congress

Small Business Assistance Act of 2020

Sponsored By: Representative Kind, Ron [D-WI-3]

Unknown

Summary

Small Business Assistance Act of 2020 This bill allows a one-time tax credit to small businesses to cover rent or mortgage payments paid or incurred by such businesses during the first four months of 2020. The credit allowable to a taxpayer may not exceed $50,000 in any taxable year.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Kind, Ron [D-WI-3]

WI • D

Cosponsors

  • Rep. Rice, Tom [R-SC-7]

    SC • R

    Sponsored 3/23/2020

  • Rep. Sewell, Terri A. [D-AL-7]

    AL • D

    Sponsored 3/23/2020

  • Rep. Kelly, Mike [R-PA-16]

    PA • R

    Sponsored 3/23/2020

Roll Call Votes

No roll call votes available for this bill.

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