HOUSE 4721118th CongressReferred to the House Committee on Ways and Means.
Main Street Tax Certainty Act
- Last Action
- 7/18/2023
Actions
- 2023-07-18Referred to the House Committee on Ways and Means.
- 2023-07-18Introduced in House
- 2023-07-18Introduced in House
CRS Summary
As of 2023-07-18 (00)
Main Street Tax Certainty Act
This bill makes permanent the tax deduction for qualified business income. (Under current law, the deduction expires after December 31, 2025.)
Qualified business income is defined as the net amount of qualified items of income, gain, deduction and loss with respect to any trade or business, excluding capital gains or losses, dividends, interest income, or income earned outside the U.S.
Cosponsors (20)
- Henry Cuellar (D-TX)
- Josh Gottheimer (D-NJ)
- Vern Buchanan (R-FL)
- Adrian Smith (R-NE)
- Mike Kelly (R-PA)
- David Schweikert (R-AZ)
- Darin LaHood (R-IL)
- Brad Wenstrup (R-OH)
- Jodey Arrington (R-TX)
- A. Ferguson (R-GA)
- Ron Estes (R-KS)
- Kevin Hern (R-OK)
- Carol Miller (R-WV)
- Gregory Murphy (R-NC)
- David Kustoff (R-TN)
- Brian Fitzpatrick (R-PA)
- W. Steube (R-FL)
- Claudia Tenney (R-NY)
- Michelle Fischbach (R-MN)
- Blake Moore (R-UT)
Sourced from Congress.gov (public domain).
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