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Bill > S1706


US S1706

US S1706
Main Street Tax Certainty Act


summary

Introduced
05/18/2023
In Committee
05/18/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A bill to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income.

AI Summary

This bill, the Main Street Tax Certainty Act, amends the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income. The deduction for qualified business income, previously set to expire, is now made a permanent part of the tax code under this legislation.

Committee Categories

Budget and Finance

Sponsors (35)

Last Action

Read twice and referred to the Committee on Finance. (on 05/18/2023)

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