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.)
[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[S. 1149 Introduced in Senate (IS)]
<DOC>
116th CONGRESS
1st Session
S. 1149
To amend the Internal Revenue Code of 1986 to make permanent the
deduction for qualified business income.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
April 11, 2019
Mr. Daines (for himself, Mr. Roberts, and Mr. Thune) introduced the
following bill; which was read twice and referred to the Committee on
Finance
_______________________________________________________________________
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).
<all>
Introduced in Senate
Read twice and referred to the Committee on Finance.
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