summary
Introduced
04/11/2019
04/11/2019
In Committee
04/11/2019
04/11/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A bill to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income. This bill makes permanent the tax deduction for qualified business income. (Under current law, the deduction expires after December 31, 2025.)
AI Summary
This bill makes permanent the tax deduction for qualified business income. Under current law, the deduction for qualified business income was set to expire after December 31, 2025, but this bill removes that expiration date, making the deduction permanent.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Read twice and referred to the Committee on Finance. (on 04/11/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/senate-bill/1149/all-info |
| BillText | https://www.congress.gov/116/bills/s1149/BILLS-116s1149is.pdf |
| Bill | https://www.congress.gov/116/bills/s1149/BILLS-116s1149is.pdf.pdf |
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