arrow_back Civic Audit
Share share

Tax Credit for Brick and Mortar Small Businesses

This act introduces a new tax credit for small businesses operating physical locations. It aims to help entrepreneurs reduce state and local sales tax burdens, supporting local businesses and jobs. This can free up funds for businesses to grow or sustain their operations.
Key points
Small businesses with up to $2 million in annual receipts, generating over 50% of revenue from in-person sales, are eligible for the credit.
The credit is 5% of the first $1 million in business gross receipts, potentially lowering their tax obligations.
A public awareness campaign will inform small business owners about this new opportunity.
The provisions apply to tax years beginning after December 31, 2019, and are set to expire at the end of 2026.
article Official text account_balance Process page notifications_active Track this Bill
gavel
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Print number: 117_HR_6428
Sponsor: Rep. Khanna, Ro [D-CA-17]
Process start date: 2022-01-19
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Brick and Mortar Small Business Tax Credit Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_6428.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-01-19.

What are the main provisions?

Key points include:

  • Small businesses with up to $2 million in annual receipts, generating over 50% of revenue from in-person sales, are eligible for the credit.
  • The credit is 5% of the first $1 million in business gross receipts, potentially lowering their tax obligations.
  • A public awareness campaign will inform small business owners about this new opportunity.
  • The provisions apply to tax years beginning after December 31, 2019, and are set to expire at the end of 2026.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Khanna, Ro [D-CA-17].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Taxes Economy