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H.R. 1381: Main Street Tax Certainty Act


The text of the bill below is as of Feb 25, 2021 (Introduced).


I

117th CONGRESS

1st Session

H. R. 1381

IN THE HOUSE OF REPRESENTATIVES

February 25, 2021

(for himself, Mr. Cuellar, Mr. Taylor, Mr. Gottheimer, Mr. Burchett, Mrs. Hinson, Mr. Arrington, Mr. Reschenthaler, Mr. Perry, Mr. Guest, Mr. Turner, Mr. Bacon, Mr. Rodney Davis of Illinois, Mr. Cole, Mr. Katko, Mr. Long, Mr. Jackson, Mrs. Lesko, Mr. Gonzalez of Ohio, Mr. Comer, Mr. Budd, Mr. Rogers of Alabama, Ms. Herrell, Mr. Meuser, Mr. Crawford, Mr. Hern, Mr. Kustoff, Mr. Luetkemeyer, Mrs. Harshbarger, Mr. Rice of South Carolina, Mrs. McClain, Mr. Cline, Mr. Cawthorn, Mr. Smith of Nebraska, Mr. Smucker, Mr. Meijer, Mr. Posey, Mr. Garbarino, Mr. Jacobs of New York, Mr. Estes, and Mrs. Walorski) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income.

1.

Short title

This Act may be cited as the Main Street Tax Certainty Act.

2.

Deduction for qualified business income made permanent

Section 199A of the Internal Revenue Code of 1986 is amended by striking subsection (i).