Legis Daily

REST Act

USA117th CongressHR-3725| House 
| Updated: 6/4/2021
Marie Newman

Marie Newman

Democratic Representative

Illinois

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline

Bill from Previous Congress

HR 116-5106
REST Act of 2019
Jun 4, 2021
Introduced in House
Jun 4, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-5106
    REST Act of 2019


  • June 4, 2021
    Introduced in House


  • June 4, 2021
    Referred to the House Committee on Ways and Means.

Taxation

REST Act

USA117th CongressHR-3725| House 
| Updated: 6/4/2021
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.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

HR 116-5106
REST Act of 2019
Jun 4, 2021
Introduced in House
Jun 4, 2021
Referred to the House Committee on Ways and Means.
  • Bill from Previous Congress

    HR 116-5106
    REST Act of 2019


  • June 4, 2021
    Introduced in House


  • June 4, 2021
    Referred to the House Committee on Ways and Means.
Marie Newman

Marie Newman

Democratic Representative

Illinois

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted