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HR 4721 118th Congress House Taxation

Main Street Tax Certainty Act

Introduced: July 18, 2023 Introduced by: Smucker, Lloyd Republican · Pennsylvania See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 18, 2023
Referred to the House Committee on Ways and Means.
Jul 18, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

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.)

Qualified business income is defined as the net amount of qualified items of income, gain, deduction and loss with respect to any trade or business, excluding capital gains or losses, dividends, interest income, or income earned outside the U.S.

What's happening now July 18, 2023

Referred to the House Committee on Ways and Means.

 Related & companion bills 1
  • S 1706 Identical bill Main Street Tax Certainty Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 7

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

See all 7 filings →
 Cosponsors 193
All 193 Democratic 2 Republican 165 Independent 1
R
Joyce, David P.
Ohio · Dec 19, 2024
 R
Griffith, H. Morgan
Virginia · Oct 18, 2024
 R
Maloy, Celeste
Utah · Sep 27, 2024
 R
Allen, Rick W.
Georgia · Sep 19, 2024
 R
Greene, Marjorie Taylor
Georgia · Sep 18, 2024
 R
Hill, J. French
Arkansas · Sep 18, 2024
 R
Rulli, Michael A.
Ohio · Sep 17, 2024
 R
Aderholt, Robert B.
Alabama · Aug 16, 2024
 R
Fong, Vince
California · Jul 24, 2024
 R
Bilirakis, Gus M.
Florida · Jul 22, 2024
 R
Turner, Michael R.
Ohio · Jul 15, 2024
 R
Harris, Andy
Maryland · Jun 25, 2024
 R
Strong, Dale W.
Alabama · Jun 25, 2024
 R
Collins, Mike
Georgia · Jun 11, 2024
 R
McCaul, Michael T.
Texas · Jun 7, 2024
Rodgers, Cathy
· Jun 3, 2024
 R
Letlow, Julia
Louisiana · May 15, 2024
 R
Emmer, Tom
Minnesota · May 14, 2024
 R
Babin, Brian
Texas · May 6, 2024
Bishop, Dan
· Apr 29, 2024
 R
Fulcher, Russ
Idaho · Apr 15, 2024
 R
Palmer, Gary J.
Alabama · Apr 15, 2024
 R
Norman, Ralph
South Carolina · Apr 11, 2024
Molinaro, Marcus
· Apr 5, 2024
 R
Rogers, Mike D.
Alabama · Mar 26, 2024
 R
Mills, Cory
Florida · Mar 22, 2024
 R
Van Drew, Jefferson
New Jersey · Feb 28, 2024
Posey, Bill
· Feb 15, 2024
 R
Latta, Robert E.
Ohio · Feb 14, 2024
 R
Burlison, Eric
Missouri · Jan 25, 2024
 R
Fry, Russell
South Carolina · Jan 11, 2024
 R
Comer, James
Kentucky · Jan 10, 2024
 R
Wilson, Joe
South Carolina · Jan 3, 2024
 R
Kiggans, Jennifer A.
Virginia · Nov 29, 2023
 R
Luna, Anna Paulina
Florida · Nov 29, 2023
 R
Gonzales, Tony
Texas · Nov 28, 2023
 R
Lucas, Frank D.
Oklahoma · Nov 28, 2023
 R
Baird, James R.
Indiana · Nov 7, 2023
 R
Gimenez, Carlos A.
Florida · Nov 7, 2023
Armstrong, Kelly
· Nov 6, 2023
 R
Franklin, Scott
Florida · Nov 6, 2023
 R
Johnson, Dusty
South Dakota · Nov 6, 2023
 R
McCormick, Richard
Georgia · Nov 6, 2023
 R
LaMalfa, Doug
California · Oct 26, 2023
 R
Valadao, David G.
California · Oct 25, 2023
 R
Loudermilk, Barry
Georgia · Oct 20, 2023
 R
Steil, Bryan
Wisconsin · Oct 20, 2023
 R
Webster, Daniel
Florida · Oct 20, 2023
Granger, Kay
· Oct 16, 2023
 R
Nunn, Zachary
Iowa · Oct 16, 2023
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Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4721: Main Street Tax Certainty Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-4721/
MLA
"H.R. 4721: Main Street Tax Certainty Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-4721/.
Bluebook (legal)
H.R. 4721, 118th Cong. (2026), https://openamerica.io/bill/118-HR-4721/.
Markdown link
[H.R. 4721: Main Street Tax Certainty Act](https://openamerica.io/bill/118-HR-4721/)
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