I 
113TH CONGRESS 
1ST SESSION 
H. R. 952 
To amend the Internal Revenue Code of 1986 to allow small businesses 
to defer the payment of certain employment taxes. 
IN THE HOUSE OF REPRESENTATIVES 
MARCH 5, 2013 
Mr. SWALWELL of California introduced the following bill; which was referred 
to the Committee on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to allow small 
businesses to defer the payment of certain employment taxes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Main Street Revival 
Act’’. 
SEC. 2. DEFERRAL OF CERTAIN EMPLOYMENT TAXES BY 
SMALL BUSINESSES. 
(a) IN GENERAL.—Section 3111 of the Internal Rev-
enue Code of 1986 is amended by adding at the end the 
following new subsection: 
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‘‘(f) ELECTION BY SMALL BUSINESSES TO DEFER 
PAYMENT.— 
‘‘(1) IN GENERAL.—A specified small business 
may elect to pay the specified first-year employment 
taxes of such business in installments as provided in 
paragraph (2). 
‘‘(2) PAYMENT IN INSTALLMENTS.— 
‘‘(A) IN GENERAL.—If an election is made 
under paragraph (1), the specified first-year 
employment taxes shall be paid in 4 equal in-
stallments. The first installment shall be paid 
on the date which is one year after the end of 
the specified first year and each succeeding in-
stallment shall be paid on the date which is one 
year after the due date of the previous install-
ment. 
‘‘(B) ACCELERATION OF PAYMENT UNDER 
CERTAIN CIRCUMSTANCES.—If there is an addi-
tion to tax for failure to pay timely assessed 
with respect to any installment required under 
this subsection, a liquidation or sale of substan-
tially all the assets of the taxpayer (including in 
a title 11 or similar case), a cessation of busi-
ness by the taxpayer, or any similar cir-
cumstance, then the unpaid portion of all re-
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maining installments shall be due on the date 
of such event (or in the case of a title 11 or 
similar case, the day before the petition is 
filed). 
‘‘(C) PRORATION OF ANY DEFICIENCY TO 
INSTALLMENTS.—If an election is made under 
paragraph (1) to pay the specified first-year 
employment taxes in installments and a defi-
ciency has been assessed, the deficiency shall be 
prorated to such installments. The part of the 
deficiency so prorated to any installment the 
date for payment of which has not arrived shall 
be collected at the same time as, and as a part 
of, such installment. The part of the deficiency 
so prorated to any installment the date for pay-
ment of which has arrived shall be paid upon 
notice and demand from the Secretary. This 
subsection shall not apply if the deficiency is 
due to negligence, to intentional disregard of 
rules and regulations, or to fraud with intent to 
evade tax. 
‘‘(3) SPECIFIED
SMALL
BUSINESS.—For pur-
poses of this section— 
‘‘(A) IN
GENERAL.—The term ‘specified 
small business’ means any HUBZone business 
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if there is a reasonable expectation as of the 
first day of the specified first-year that such 
business will not employ more than 25 full-time 
employees (determined under section 45R(d) by 
treating the specified first year as the taxable 
year) for such year. Such term shall not include 
any business unless the specified first-year of 
such business begins after the date of the en-
actment of this subsection. 
‘‘(B) HUBZONE
BUSINESS.—The term 
‘HUBZone business’ means any employer if— 
‘‘(i) every trade or business of such 
employer is actively conducted within a 
HUBZone, and 
‘‘(ii) a substantial portion of the serv-
ices performed for such employer by its 
employees are performed in a HUBZone. 
‘‘(C) HUBZONE.—The term ‘HUBZone’ 
means any area which would be a historically 
underutilized business zone (as defined in sec-
tion 3(p)(1) of the Small Business Act) if such 
section were applied without regard to subpara-
graphs (C), (D), and (E) thereof. 
‘‘(4) 
SPECIFIED
FIRST-YEAR
EMPLOYMENT 
TAXES.—For purposes of this section— 
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