House Bill 7734
116th Congress(2019-2020)
Building Businesses Back Act of 2020
Introduced
Introduced in House on Jul 23, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
7734
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
Building Businesses Back Act of 2020
This bill allows taxpayers an election to increase the amount of their general business tax credit for taxable years ending in 2019 or 2020.
July 23, 2020
07/23/2020
Referred to the Subcommittee on Select Revenue Measures.
07/23/2020
Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
07/23/2020
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:45:52 PM