119th Congress
H.R. 703
Main Street Tax Certainty Act
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Lloyd Smucker(R-PA)
- Introduced
- Jan 23, 2025
- Policy area
- Taxation
- Committees
- House Committee on Ways and Means
- Official text
- Introduced in House · Congress.gov page
Cosponsors (192)
Original cosponsors (154)
- Aaron Bean (R-FL)
- Addison P. McDowell (R-NC)
- Adrian Smith (R-NE)
- Andrew R. Garbarino (R-NY)
- Andrew S. Clyde (R-GA)
- Andy Barr (R-KY)
- Ann Wagner (R-MO)
- Ashley Hinson (R-IA)
- Austin Scott (R-GA)
- Barry Loudermilk (R-GA)
- Barry Moore (R-AL)
- Ben Cline (R-VA)
- Beth Van Duyne (R-TX)
- Bill Huizenga (R-MI)
- Blake D. Moore (R-UT)
- Brad Finstad (R-MN)
- Brandon Gill (R-TX)
- Brett Guthrie (R-KY)
- Brian Jack (R-GA)
- Brian K. Fitzpatrick (R-PA)
- Bryan Steil (R-WI)
- Burgess Owens (R-UT)
- Carlos A. Gimenez (R-FL)
- Carol D. Miller (R-WV)
- Celeste Maloy (R-UT)
- Charles J. "Chuck" Fleischmann (R-TN)
- Chuck Edwards (R-NC)
- Claudia Tenney (R-NY)
- Clay Higgins (R-LA)
- Cory Mills (R-FL)
- Dale W. Strong (R-AL)
- Dan Crenshaw (R-TX)
- Daniel Meuser (R-PA)
- Daniel Webster (R-FL)
- Dan Newhouse (R-WA)
- Darin LaHood (R-IL)
- David G. Valadao (R-CA)
- David J. Taylor (R-OH)
- David Kustoff (R-TN)
- David P. Joyce (R-OH)
- David Rouzer (R-NC)
- David Schweikert (R-AZ)
- Derek Schmidt (R-KS)
- Derrick Van Orden (R-WI)
- Diana Harshbarger (R-TN)
- Don Bacon (R-NE)
- Dusty Johnson (R-SD)
- Earl L. "Buddy" Carter (R-GA)
- Eric Burlison (R-MO)
- Erin Houchin (R-IN)
- Frank D. Lucas (R-OK)
- Glenn Grothman (R-WI)
- Glenn Thompson (R-PA)
- Gregory F. Murphy (R-NC)
- Gus M. Bilirakis (R-FL)
- Guy Reschenthaler (R-PA)
- Harold Rogers (R-KY)
- Harriet M. Hageman (R-WY)
- Henry Cuellar (D-TX)
- H. Morgan Griffith (R-VA)
- Jack Bergman (R-MI)
- Jake Ellzey (R-TX)
- James Comer (R-KY)
- James R. Baird (R-IN)
- Jeff Crank (R-CO)
- Jefferson Van Drew (R-NJ)
- Jennifer A. Kiggans (R-VA)
- J. French Hill (R-AR)
- Jodey C. Arrington (R-TX)
- Joe Wilson (R-SC)
- John H. Rutherford (R-FL)
- John J. McGuire III (R-VA)
- John Joyce (R-PA)
- John R. Moolenaar (R-MI)
- Josh Gottheimer (D-NJ)
- Juan Ciscomani (R-AZ)
- Julia Letlow (R-LA)
- Kat Cammack (R-FL)
- Ken Calvert (R-CA)
- Kevin Hern (R-OK)
- Kevin Kiley (I-CA)
- Lance Gooden (R-TX)
- Maria Elvira Salazar (R-FL)
- Mariannette Miller-Meeks (R-IA)
- Mark Alford (R-MO)
- Mark E. Amodei (R-NV)
- Marlin A. Stutzman (R-IN)
- Mary E. Miller (R-IL)
- Max L. Miller (R-OH)
- Michael A. Rulli (R-OH)
- Michael Guest (R-MS)
- Michael Lawler (R-NY)
- Michael T. McCaul (R-TX)
- Michelle Fischbach (R-MN)
- Mike Bost (R-IL)
- Mike Carey (R-OH)
- Mike Collins (R-GA)
- Mike Ezell (R-MS)
- Mike Kelly (R-PA)
- Mike Rogers (R-AL)
- Monica De La Cruz (R-TX)
- Morgan Luttrell (R-TX)
- Nancy Mace (R-SC)
- Nathaniel Moran (R-TX)
- Nicholas A. Langworthy (R-NY)
- Nicholas J. Begich III (R-AK)
- Nick LaLota (R-NY)
- Nicole Malliotakis (R-NY)
- Pat Fallon (R-TX)
- Pete Sessions (R-TX)
- Pete Stauber (R-MN)
- Randy Feenstra (R-IA)
- Randy K. Weber, Sr. (R-TX)
- Richard Hudson (R-NC)
- Richard McCormick (R-GA)
- Rick W. Allen (R-GA)
- Riley M. Moore (R-WV)
- Robert J. Wittman (R-VA)
- Robert P. Bresnahan, Jr. (R-PA)
- Roger Williams (R-TX)
- Ron Estes (R-KS)
- Ronny Jackson (R-TX)
- Rudy Yakym III (R-IN)
- Russell Fry (R-SC)
- Russ Fulcher (R-ID)
- Ryan K. Zinke (R-MT)
- Ryan Mackenzie (R-PA)
- Sam Graves (R-MO)
- Scott Fitzgerald (R-WI)
- Scott Franklin (R-FL)
- Scott Perry (R-PA)
- Stephanie I. Bice (R-OK)
- Thomas H. Kean, Jr. (R-NJ)
- Tim Burchett (R-TN)
- Tim Moore (R-NC)
- Tim Walberg (R-MI)
- Tom Barrett (R-MI)
- Tom Cole (R-OK)
- Tom Emmer (R-MN)
- Tony Wied (R-WI)
- Trent Kelly (R-MS)
- Troy Balderson (R-OH)
- Troy Downing (R-MT)
- Vern Buchanan (R-FL)
- Vince Fong (R-CA)
- Virginia Foxx (R-NC)
- Warren Davidson (R-OH)
- W. Gregory Steube (R-FL)
- William R. Timmons IV (R-SC)
- Young Kim (R-CA)
- Zachary Nunn (R-IA)
- G000590
- G000596
- L000578
Added later (38)
- Julie Fedorchak (R-ND) · Jan 24, 2025
- Andrew Ogles (R-TN) · Feb 4, 2025
- Bruce Westerman (R-AR) · Feb 4, 2025
- Gary J. Palmer (R-AL) · Feb 4, 2025
- Jay Obernolte (R-CA) · Feb 4, 2025
- John W. Rose (R-TN) · Feb 4, 2025
- Keith Self (R-TX) · Feb 4, 2025
- Laurel M. Lee (R-FL) · Feb 4, 2025
- Mark B. Messmer (R-IN) · Feb 4, 2025
- Michael R. Turner (R-OH) · Feb 4, 2025
- Mike Flood (R-NE) · Feb 4, 2025
- Steve Womack (R-AR) · Feb 4, 2025
- August Pfluger (R-TX) · Feb 6, 2025
- Craig A. Goldman (R-TX) · Feb 10, 2025
- Robert E. Latta (R-OH) · Feb 11, 2025
- Michael K. Simpson (R-ID) · Feb 14, 2025
- Robert B. Aderholt (R-AL) · Feb 14, 2025
- Tracey Mann (R-KS) · Feb 14, 2025
- Jefferson Shreve (R-IN) · Feb 21, 2025
- Neal P. Dunn (R-FL) · Feb 21, 2025
- Robert F. Onder, Jr. (R-MO) · Feb 21, 2025
- Gabe Evans (R-CO) · Feb 25, 2025
- Pat Harrigan (R-NC) · Mar 4, 2025
- Jeff Hurd (R-CO) · Mar 21, 2025
- Andy Harris (R-MD) · Mar 26, 2025
- Michael Baumgartner (R-WA) · Mar 26, 2025
- Thomas P. Tiffany (R-WI) · Mar 26, 2025
- Elise M. Stefanik (R-NY) · Apr 7, 2025
- Ralph Norman (R-SC) · Apr 8, 2025
- Sheri Biggs (R-SC) · Apr 9, 2025
- Brad Knott (R-NC) · Apr 28, 2025
- Scott DesJarlais (R-TN) · Apr 28, 2025
- G000594 · May 5, 2025
- Andy Biggs (R-AZ) · May 15, 2025
- John James (R-MI) · May 21, 2025
- Jim Jordan (R-OH) · Jun 3, 2025
- Wesley Hunt (R-TX) · Jun 9, 2025
- Sanford D. Bishop, Jr. (D-GA) · Aug 15, 2025
Summary
Summary by the Congressional Research Service· describes the “Introduced in House” version
Main Street Tax Certainty Act
This bill makes permanent the qualified business income (QBI) tax deduction.
Under current law, individuals, estates, and trusts may deduct the lower of (1) 20% of QBI from a qualified business, qualified real estate investment trust dividends, and qualified publicly traded partnership income; or (2) 20% of taxable income less net capital gain. (Some limitations apply.)
However, under current law, the QBI tax deduction expires after December 31, 2025.
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 23, 2025 · House
Referred to the House Committee on Ways and Means. - Jan 23, 2025
Introduced in House