US SB1706 | 2023-2024 | 118th Congress
Status
Spectrum: Partisan Bill (Republican 35-0)
Status: Introduced on May 18 2023 - 25% progression
Action: 2023-05-18 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 18 2023 - 25% progression
Action: 2023-05-18 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income.
Title
Main Street Tax Certainty Act
Sponsors
| Sen. Steve Daines [R-MT] | Sen. John Barrasso [R-WY] | Sen. Bill Cassidy [R-LA] | Sen. Chuck Grassley [R-IA] |
| Sen. Marsha Blackburn [R-TN] | Sen. Tim Scott [R-SC] | Sen. Thom Tillis [R-NC] | Sen. Roger Marshall [R-KS] |
| Sen. James Risch [R-ID] | Sen. Kevin Cramer [R-ND] | Sen. Katie Boyd Britt [R-AL] | Sen. Mike Braun [R-IN] |
| Sen. Bill Hagerty [R-TN] | Sen. Ted Cruz [R-TX] | Sen. Roger Wicker [R-MS] | Sen. Cynthia Lummis [R-WY] |
| Sen. Ted Budd [R-NC] | Sen. Jerry Moran [R-KS] | Sen. Mike Lee [R-UT] | Sen. John Kennedy [R-LA] |
| Sen. Pete Ricketts [R-NE] | Sen. Eric Schmitt [R-MO] | Sen. Rand Paul [R-KY] | Sen. Rick Scott [R-FL] |
| Sen. Tom Cotton [R-AR] | Sen. J.D. Vance [R-OH] | Sen. John Boozman [R-AR] | Sen. Cindy Hyde-Smith [R-MS] |
| Sen. Deb Fischer [R-NE] | Sen. Dan Sullivan [R-AK] | Sen. Lindsey Graham [R-SC] | Sen. Joni Ernst [R-IA] |
| Sen. Tommy Tuberville [R-AL] | Sen. Mike Rounds [R-SD] | Sen. John Hoeven [R-ND] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-05-18 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB4721 (Same As) 2023-07-18 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/118th-congress/senate-bill/1706/all-info |
| Text | https://www.congress.gov/118/bills/s1706/BILLS-118s1706is.pdf |
