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S. 4290 · 116th Congress

Building Businesses Back Act of 2020

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

2 cosponsors · 2 R

0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

This bill allows taxpayers an election to increase the amount of their general business tax credit for taxable years ending in 2019 or 2020.

What it does: CRS summary · Introduced in Senate · Jul 23, 2020

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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Building Businesses Back Act of 2020

Latest action (Jul 23, 2020): Read twice and referred to the Committee on Finance.

Policy area: Taxation · Origin: Senate · Introduced: Jul 23, 2020

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.