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Senate Bill 480
117th Congress(2021-2022)
Main Street Tax Certainty Act
Introduced
Introduced
Introduced in Senate on Feb 25, 2021
Overview
Text
Introduced in Senate 
Feb 25, 2021
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Introduced in Senate(Feb 25, 2021)
Feb 25, 2021
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
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S. 480 (Introduced-in-Senate)


117th CONGRESS
1st Session
S. 480


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

IN THE SENATE OF THE UNITED STATES

February 25, 2021

Mr. Daines (for himself, Mr. Cassidy, Mr. Scott of South Carolina, and Mr. Portman) 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).