3.0.0 2409 2023-01-11T13:31:22Z 2023-01-11T13:31:22Z House HR 2015-05-19 114 [Congressional Record Volume 161, Number 77 (Tuesday, May 19, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SWALWELL of California:H.R. 2409.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8; Sixteenth Amendment[Page H3389]]]> hswm00 Ways and Means Committee House Standing Referred to 2015-05-19T14:02:05Z 2015-05-19 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2015-05-19 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-05-19 Introduced in House IntroReferral 1000 9 Library of Congress S001193 Rep. Swalwell, Eric [D-CA-15] Eric Swalwell D CA 15 N C001092 Rep. Collins, Chris [R-NY-27] Chris Collins R NY 27 2015-05-19 True M001185 Rep. Maloney, Sean Patrick [D-NY-18] Sean Maloney D NY Patrick 18 2015-05-19 True Taxation Economic performance and conditions Employment taxes Small business Tax administration and collection, taxpayers Taxation 00 2015-05-19 Introduced in House 2015-06-04T21:42:45Z 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.

]]> Main Street Revival Act Display Title Main Street Revival Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to allow small businesses to defer the payment of certain employment taxes. Introduced in House IH Short Titles as Introduced Main Street Revival Act Introduced in House 2015-05-19T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr2409ih/xml/BILLS-114hr2409ih.xml 2015-05-19 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.