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United States · Bill · HR

H.R. 4721 (118th)

Main Street Tax Certainty Act

referredUnited States· United States Congress· EN

Introduced

18 July 2023

Last action

18 July 2023 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Smucker, Lloyd [R-PA-11], Rep. Cuellar, Henry [D-TX-28], Rep. Gottheimer, Josh [D-NJ-5], Rep. Buchanan, Vern [R-FL-16], Rep. Smith, Adrian [R-NE-3], Rep. Kelly, Mike [R-PA-16], Rep. Schweikert, David [R-AZ-1], Rep. LaHood, Darin [R-IL-16], Rep. Wenstrup, Brad R. [R-OH-2], Rep. Arrington, Jodey C. [R-TX-19], Rep. Ferguson, A. Drew, IV [R-GA-3], Rep. Estes, Ron [R-KS-4], Rep. Hern, Kevin [R-OK-1], Rep. Miller, Carol D. [R-WV-1], Rep. Murphy, Gregory F. [R-NC-3], Rep. Kustoff, David [R-TN-8], Rep. Fitzpatrick, Brian K. [R-PA-1], Rep. Steube, W. Gregory [R-FL-17], Rep. Tenney, Claudia [R-NY-24], Rep. Fischbach, Michelle [R-MN-7], Rep. Moore, Blake D. [R-UT-1], Rep. Steel, Michelle [R-CA-48], Rep. Van Duyne, Beth [R-TX-24], Rep. Feenstra, Randy [R-IA-4], Rep. Malliotakis, Nicole [R-NY-11], Rep. Carey, Mike [R-OH-15], Rep. Wittman, Robert J. [R-VA-1], Rep. Cammack, Kat [R-FL-3], Rep. Meuser, Daniel [R-PA-9], Rep. Balderson, Troy [R-OH-12], Rep. Grothman, Glenn [R-WI-6], Rep. Bacon, Don [R-NE-2], Rep. Burchett, Tim [R-TN-2], Rep. Barr, Andy [R-KY-6], Rep. Reschenthaler, Guy [R-PA-14], Rep. Bergman, Jack [R-MI-1], Rep. Perry, Scott [R-PA-10], Rep. Joyce, John [R-PA-13], Rep. Mace, Nancy [R-SC-1], Rep. Sessions, Pete [R-TX-17], Rep. Mooney, Alexander X. [R-WV-2], Rep. Moolenaar, John R. [R-MI-2], Rep. Harshbarger, Diana [R-TN-1], Rep. Cole, Tom [R-OK-4], Jake LaTurner, Rep. Ezell, Mike [R-MS-4], Rep. Fitzgerald, Scott [R-WI-5], 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. 18 July 2023

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 18 July 2023

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 18 July 2023

    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 · 18 July 2023

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  • Introduced in House (PDF)

    Introduced in House · EN · 18 July 2023

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 18 July 2023

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Sponsors

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Related records

Sources

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