US SB4031 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on June 22 2020 - 25% progression, died in committee
Action: 2020-06-22 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 22 2020 - 25% progression, died in committee
Action: 2020-06-22 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows individual taxpayers a new nonrefundable tax credit in 2020 and 2021 for certain travel, hospitality, and entertainment expenses. The bill directs the Department of Commerce to award grants to states to support destination marketing organizations. The bill defines destination marketing organization as a state or nonprofit entity engaged in marketing and promoting communities and facilities to business and leisure travelers by assisting with the location of meeting and convention sites, providing travel information and maps, and organizing group tours.
Title
American TRIP Act American Tax Rebate and Incentive Program Act
Sponsors
Sen. Martha McSally [R-AZ] |
History
Date | Chamber | Action |
---|---|---|
2020-06-22 | Senate | Read twice and referred to the Committee on Finance. |
Subjects
Business expenses
Income tax credits
Marketing and advertising
Professional sports
Taxation
Transportation costs
Travel and tourism
Income tax credits
Marketing and advertising
Professional sports
Taxation
Transportation costs
Travel and tourism
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/4031/all-info |
Text | https://www.congress.gov/116/bills/s4031/BILLS-116s4031is.pdf |