US HR6277

Bill

US HR6277

Main Street Tax Certainty Act

Introduced
06/28/2018

In Committee
06/28/2018

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Main Street Tax Certainty Act This bill amends the Internal Revenue Code to make permanent the deduction for qualified business income. (Under current law, the deduction expires after December 31, 2025.)

AI Summary

This bill amends the Internal Revenue Code to make permanent the deduction for qualified business income. The deduction for qualified business income was set to expire after December 31, 2025 under current law, but this bill removes that expiration date, effectively making the deduction permanent.

Committee Categories

Budget and Finance

Sponsors (12)

Mike Bishop (R)*, Andy Barr (R), Diane Black (R), Darin LaHood (R), Blaine Luetkemeyer (R), Kenny Marchant (R), Paul Mitchell (I), Devin Nunes (R), Erik Paulsen (R), Tom Reed (R), Adrian Smith (R), Jason Smith (R),

Last Action

Referred to the House Committee on Ways and Means. (on 06/28/2018)

Official Document

https://www.congress.gov/bill/115th-congress/house-bill/6277/all-info

(3 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/115th-congress/house-bill/6277/all-info
BillText	https://www.congress.gov/115/bills/hr6277/BILLS-115hr6277ih.pdf
Bill	https://www.congress.gov/115/bills/hr6277/BILLS-115hr6277ih.pdf.pdf

Bill	Bill Name	Last Action	Type
HR6760	Protecting Family and Small Business Tax Cuts Act of 2018	Received in the Senate and Read twice and referred to the Committee on Finance.	Related
HRes1084	Providing for consideration of the bill (H.B. 6756) to amend the Internal Revenue Code of 1986 to promote new business innovation, and for other purposes; providing for consideration of the bill (H.B. 6757) to amend the Internal Revenue Code of 1986 to encourage retirement and family savings, and for other purposes; providing for consideration of the bill (H.B. 6760) to amend the Internal Revenue Code of 1986 to make permanent certain provisions of the Tax Cuts and Jobs Act affecting individuals	Motion to reconsider laid on the table Agreed to without objection.	Similar To
S2687	Tax Cuts and Jobs Act Official Titles Official Titles - Senate Official Titles as Introduced A bill to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes.	Read twice and referred to the Committee on Finance.	Related

Bill > HR6277

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (12)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary