To amend the Internal Revenue Code of 1986 to provide emergency savings accounts for small businesses.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Representative for Texas's 27th congressional district. Republican.
Last Updated: Oct 23, 2020
Length: 15 pages
116th Congress (2019–2021)
This bill was introduced on October 23, 2020, in a previous session of Congress, but it did not receive a vote.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
3 Cosponsors (3 Republicans)
Oct 23, 2020
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
Mar 1, 2021
Reintroduced Bill — Introduced
This activity took place on a related bill, H.R. 1450.
H.R. 8656 (116th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 8656. This is the one from the 116th Congress.
This bill was introduced in the 116th Congress, which met from Jan 3, 2019 to Jan 3, 2021. Legislation not passed by the end of a Congress is cleared from the books.
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GovTrack.us. (2022). H.R. 8656 — 116th Congress: Small Business Emergency Savings Accounts Act of 2020. Retrieved from https://www.govtrack.us/congress/bills/116/hr8656
“H.R. 8656 — 116th Congress: Small Business Emergency Savings Accounts Act of 2020.” www.GovTrack.us. 2020. September 28, 2022 <https://www.govtrack.us/congress/bills/116/hr8656>
Small Business Emergency Savings Accounts Act of 2020, H.R. 8656, 116th Cong..
|title=H.R. 8656 (116th)
|accessdate=September 28, 2022
|author=116th Congress (2020)
|date=October 23, 2020
|quote=Small Business Emergency Savings Accounts Act of 2020
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