Restore America’s Main Street Act Introduced

WASHINGTON, DC – April 24. 2020, Rep. Madeleine Dean (PA-04) and Rep. Derek Kilmer (WA-06) introduced the Restore America’s Main Street Act. The COVID-19 pandemic has put an enormous strain on small businesses, leaving many vulnerable to a permanent shutdown. The smallest businesses, with 50 employees or fewer, especially struggled to access the Payment Protection Program (PPP).

The Restore America’s Main Street Act targets the smallest of businesses and provides direct relief through cash payments through a first-ever small business rebate check. The support comes in the form of a check equal to 30% of the gross receipts reported in the previous year (up to $120,000).

Businesses eligible for cash support include those with:
$1.5 million or less in gross receipts
50 or fewer employees

Self-employed and charitable organizations are also eligible for the rebate.

View Bill Here.