Legis Daily

American TRIP Act

USA116th CongressS-4031| Senate 
| Updated: 6/22/2020
Martha McSally

Martha McSally

Republican Senator

Arizona

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
American Tax Rebate and Incentive Program Act or the American TRIP Act This bill 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.
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Timeline
Jun 22, 2020
Introduced in Senate
Jun 22, 2020
Read twice and referred to the Committee on Finance.
  • June 22, 2020
    Introduced in Senate


  • June 22, 2020
    Read twice and referred to the Committee on Finance.

Taxation

Business expensesIncome tax creditsMarketing and advertisingProfessional sportsTransportation costsTravel and tourism

American TRIP Act

USA116th CongressS-4031| Senate 
| Updated: 6/22/2020
American Tax Rebate and Incentive Program Act or the American TRIP Act This bill 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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 22, 2020
Introduced in Senate
Jun 22, 2020
Read twice and referred to the Committee on Finance.
  • June 22, 2020
    Introduced in Senate


  • June 22, 2020
    Read twice and referred to the Committee on Finance.
Martha McSally

Martha McSally

Republican Senator

Arizona

Finance Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Business expensesIncome tax creditsMarketing and advertisingProfessional sportsTransportation costsTravel and tourism