S.4031 - American TRIP Act116th Congress (2019-2020)
|Sponsor:||Sen. McSally, Martha [R-AZ] (Introduced 06/22/2020)|
|Committees:||Senate - Finance|
|Latest Action:||Senate - 06/22/2020 Read twice and referred to the Committee on Finance. (All Actions)|
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Summary: S.4031 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (06/22/2020)
American Tax Rebate and Incentive Program Act or the American TRIP Act
This bill allows individual taxpayers a new nonrefundable tax credit in 2020 and 2021 for certain travel, hospitality, and entertainment expenses.
The bill directs the Department of Commerce to award grants to states to support destination marketing organizations. The bill defines destination marketing organization as a state or nonprofit entity engaged in marketing and promoting communities and facilities to business and leisure travelers by assisting with the location of meeting and convention sites, providing travel information and maps, and organizing group tours.