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H.R.6821 - Small Business Expense Protection Act of 2020116th Congress (2019-2020)

Bill

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Sponsor: Rep. Holding, George [R-NC-2] (Introduced 05/12/2020)
Committees: House - Ways and Means
Latest Action: House - 05/12/2020 Referred to the House Committee on Ways and Means.  (All Actions)

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This bill has the status Introduced

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Summary: H.R.6821 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.6821. Bill summaries are authored by CRS.

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Introduced in House (05/12/2020)

Small Business Expense Protection Act of 2020

This bill amends the Coronavirus Aid, Relief, and Economic Security Act to provide that tax deductions for ordinary business expenses and other tax incidents shall not be affected by the exclusion from gross income of amounts related to loan forgiveness received in response to COVID-19 (i.e., coronavirus disease 2019).