US HB7874 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on July 30 2020 - 25% progression, died in committee
Action: 2020-07-30 - Referred to the Subcommittee on Select Revenue Measures.
Pending: House Subcommittee on Select Revenue Measures Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 30 2020 - 25% progression, died in committee
Action: 2020-07-30 - Referred to the Subcommittee on Select Revenue Measures.
Pending: House Subcommittee on Select Revenue Measures Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Assigns a zero tax rate on the taxable income of taxpayers engaged in the trade or business of home construction during the period beginning on January 1, 2020, and ending on the date on which the COVID-19 (i.e., coronavirus disease 2019) public health emergency ends.
Title
Construction Jobs During Coronavirus Act
Sponsors
Rep. Josh Harder [D-CA] |
History
Date | Chamber | Action |
---|---|---|
2020-07-30 | House | Referred to the Subcommittee on Select Revenue Measures. |
2020-07-30 | House | Referred to the House Committee on Ways and Means. |
2020-07-30 | House | Introduced in House |
Subjects
Administrative law and regulatory procedures
Building construction
Department of the Treasury
Housing finance and home ownership
Income tax rates
Real estate business
Taxation
Building construction
Department of the Treasury
Housing finance and home ownership
Income tax rates
Real estate business
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/7874/all-info |
Text | https://www.congress.gov/116/bills/hr7874/BILLS-116hr7874ih.pdf |