Main Street Tax Certainty Act

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.

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Timeline

1. 18 May 2023

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 18 May 2023

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 18 May 2023 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 18 May 2023

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 18 May 2023

  ViewDownloadOpen at official source

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• Introduced in Senate

  summary · EN · 18 May 2023

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Daines, Steve [R-MT] · R · Sponsor
• Sen. Barrasso, John [R-WY] · R · Sponsor
• Sen. Cassidy, Bill [R-LA] · R · Sponsor
• Sen. Grassley, Chuck [R-IA] · R · Sponsor
• Sen. Blackburn, Marsha [R-TN] · R · Sponsor
• Sen. Scott, Tim [R-SC] · R · Sponsor
• Sen. Tillis, Thomas [R-NC] · R · Sponsor
• Sen. Marshall, Roger [R-KS] · R · Sponsor
• Sen. Risch, James E. [R-ID] · R · Sponsor
• Sen. Cramer, Kevin [R-ND] · R · Sponsor
• Sen. Britt, Katie Boyd [R-AL] · R · Sponsor
• Sen. Braun, Mike [R-IN] · R · Sponsor
• Sen. Hagerty, Bill [R-TN] · R · Sponsor
• Sen. Cruz, Ted [R-TX] · R · Sponsor
• Sen. Wicker, Roger F. [R-MS] · R · Sponsor
• Sen. Lummis, Cynthia M. [R-WY] · R · Cosponsor
• Sen. Budd, Ted [R-NC] · R · Cosponsor
• Sen. Moran, Jerry [R-KS] · R · Cosponsor
• Sen. Lee, Mike [R-UT] · R · Cosponsor
• Sen. Kennedy, John [R-LA] · R · Cosponsor
• Sen. Ricketts, Pete [R-NE] · R · Cosponsor
• Sen. Schmitt, Eric [R-MO] · R · Cosponsor
• Sen. Paul, Rand [R-KY] · R · Cosponsor
• Sen. Scott, Rick [R-FL] · R · Cosponsor
• Sen. Cotton, Tom [R-AR] · R · Cosponsor
• Sen. Vance, J. D. [R-OH] · R · Cosponsor
• Sen. Boozman, John [R-AR] · R · Cosponsor
• Sen. Hyde-Smith, Cindy [R-MS] · R · Cosponsor
• Sen. Fischer, Deb [R-NE] · R · Cosponsor
• Sen. Sullivan, Dan [R-AK] · R · Cosponsor
• Sen. Graham, Lindsey [R-SC] · R · Cosponsor
• Sen. Ernst, Joni [R-IA] · R · Cosponsor
• Sen. Tuberville, Tommy [R-AL] · R · Cosponsor
• Sen. Rounds, Mike [R-SD] · R · Cosponsor
• Sen. Hoeven, John [R-ND] · R · Cosponsor
• · ssfi00 · Standing

Related records

• related to ← Main Street Tax Certainty Act
• related to ← Main Street Tax Certainty Act