Ask AI
H.R. 952

Main Street Revival Act

Main Street Revival Act - Amends the Internal Revenue Code to allow a specified small business to pay its first-year employment taxes in four annual installments. Defines "specified small business" as any HUBZone business (a business operating in a historically underutilized business zone as defined by the Small Business Act) that is not reasonably expected to employ more than 25 full-time employees in its first year of operation.

Referred to the House Committee on Ways and Means.

Rep. Swalwell, Eric [D-CA-15](D-CA)Sponsor
8 cosponsors6 D2 R
8cosponsors1committees3actions4subjects
  • Introduced in HouseMar 5, 2013
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Main Street Revival Act — Informed