H.R. 3725 · 117th Congress · House

REST Act

Active· Referred to the House Committee on Ways and Means.
Introduced
Jun 4, 21
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

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.

Action Timeline

3
  1. JUN 04, 2021•IntroReferral

    Introduced in House

  2. JUN 04, 2021•IntroReferral

    Introduced in House

  3. JUN 04, 2021•IntroReferral

    Referred to the House Committee on Ways and Means.

Committees

1

Ways and Means Committee

hswm00

Referred: Jun 4, 2021

Active