H.R. 3725 · 117th Congress
REST Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
NewmanSponsorNo cosponsors.
Relief and Equity for Small businesses through Tax Act or the REST Act
What it does: CRS summary · Introduced in House · Jun 4, 2021
Relief and Equity for Small businesses through Tax Act or the REST Act
This bill increases from 20% to 25% the rate of the tax deduction for the business income of taxpayers whose taxable income does not exceed $100,000.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: REST Act
Also known as: Relief and Equity for Small businesses through Tax Act
Latest action (Jun 4, 2021): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Jun 4, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.