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Main Street Tax Certainty Act

In committee: it can still change before the session ends.

US HR 703 · House Bill · 119th Congress

Stage: In committee
Started in: House
Sponsors: 193
Latest action: Jan 23, 2025

What it does

This bill makes permanent the qualified business income (QBI) tax deduction.

Official summary · Introduced in House · Jan 23, 2025

Titles and provisions can change as the bill moves.

Read the full text Read it on the official site

Where it stands

Introduced (Done)
Jan 23, 2025
Committee (Current step)
In committee · Jan 23, 2025
Floor (Not started)
Law (Not started)

What moved

Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Lloyd SmuckerSponsor
Aaron BeanCo-sponsor
Addison McDowellCo-sponsor
Adrian SmithCo-sponsor
Andrew ClydeCo-sponsor

See all 193 sponsors

Where it goes next

While a bill can still move, the questions are about people and money.

Who sits in the seats that vote on itA roster is not a certified tally, and a filing is not a place on the ballot.
Who funds the people decidingA receipt is not backing. A contribution does not establish a policy motive.
Who is paid to be heardNaming an institution is the filer's account, not a record of any meeting.

Work with this bill

Main Street Tax Certainty Act | 52