A bill to amend the District of Columbia tax laws applicable to unincorporated business income.

Revises the District of Columbia Income and Franchise Tax Act of 1947 to include within the meaning of the term "gross income" the income from an unincorporated business.

Increases from 55 percent to 80 percent the portion of net income of an unincorporated business which the individual owners or active members may deduct for services rendered under the District of Columbia Income and Franchise Tax Act of 1947.