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H.R. 6277 - Main Street Tax Certainty Act

Sponsor: Mike Bishop (R)
Introduced: 2018-06-28
Bill Status: Referred to the House Committee on Ways and Means.
 

Main Street Tax Certainty Act

This bill amends the Internal Revenue Code to make permanent the deduction for qualified business income. (Under current law, the deduction expires after December 31, 2025.)

Full Text


115th CONGRESS
2d Session
H. R. 6277


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


IN THE HOUSE OF REPRESENTATIVES

June 28, 2018

    Mr. Bishop of Michigan (for himself and Mr. Paulsen) 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.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

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

SEC. 2. Deduction for qualified business income made permanent.

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


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