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United States · Bill · HR

H.R. 1381 (117th)

Main Street Tax Certainty Act

referredUnited States· United States Congress· EN

Introduced

25 February 2021

Last action

25 February 2021 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Smith, Jason [R-MO-8], Rep. Cuellar, Henry [D-TX-28], Van Taylor, Rep. Gottheimer, Josh [D-NJ-5], Rep. Burchett, Tim [R-TN-2], Rep. Hinson, Ashley [R-IA-2], Rep. Arrington, Jodey C. [R-TX-19], Rep. Reschenthaler, Guy [R-PA-14], Rep. Perry, Scott [R-PA-10], Rep. Guest, Michael [R-MS-3], Rep. Turner, Michael R. [R-OH-10], Rep. Bacon, Don [R-NE-2], Rep. Davis, Rodney [R-IL-13], Rep. Cole, Tom [R-OK-4], Rep. Katko, John [R-NY-24], Rep. Long, Billy [R-MO-7], Rep. Jackson, Ronny [R-TX-13], Rep. Lesko, Debbie [R-AZ-8], Anthony Gonzalez, Rep. Comer, James [R-KY-1], Sen. Budd, Ted [R-NC], Rep. Rogers, Mike D. [R-AL-3], Yvette Herrell, Rep. Meuser, Daniel [R-PA-9], Rep. Crawford, Eric A. "Rick" [R-AR-1], Rep. Hern, Kevin [R-OK-1], Rep. Kustoff, David [R-TN-8], Rep. Luetkemeyer, Blaine [R-MO-3], Rep. Harshbarger, Diana [R-TN-1], Rep. Rice, Tom [R-SC-7], Lisa McClain, Rep. Cline, Ben [R-VA-6], Madison Cawthorn, Rep. Smith, Adrian [R-NE-3], Rep. Smucker, Lloyd [R-PA-11], Peter Meijer, Rep. Posey, Bill [R-FL-8], Rep. Garbarino, Andrew R. [R-NY-2], Chris Jacobs, Rep. Estes, Ron [R-KS-4], Rep. Walorski, Jackie [R-IN-2], Rep. Baird, James R. [R-IN-4], Rep. Stivers, Steve [R-OH-15], Rep. Allen, Rick W. [R-GA-12], Rep. Norman, Ralph [R-SC-5], Rep. DesJarlais, Scott [R-TN-4], Rep. Palazzo, Steven M. [R-MS-4], Rep. Moore, Barry [R-AL-1]

Subjects

Taxation

Source updated

5 December 2025

Taxation

Official sourceDownload fileView documentsShare

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 25 February 2021

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 25 February 2021

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 25 February 2021

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 25 February 2021

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  • Introduced in House (PDF)

    Introduced in House · EN · 25 February 2021

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  • Introduced in House

    summary · EN · 25 February 2021

    Open at official source

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Sponsors

Showing 48 of 101 sponsors and actors.

Related records

Sources

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