I
119THCONGRESS
1
STSESSION H. R. 703
To amend the Internal Revenue Code of 1986 to make permanent the
deduction for qualified business income.
IN THE HOUSE OF REPRESENTATIVES
JANUARY23, 2025
Mr. S
MUCKER(for himself, Mr. KELLYof Pennsylvania, Mr. LAHOOD, Ms.
V
ANDUYNE, Mr. BUCHANAN, Mrs. MILLERof West Virginia, Mr.
F
EENSTRA, Mr. MURPHY, Mr. STAUBER, Mr. JOYCEof Pennsylvania,
Mr. B
OST, Mr. CRENSHAW, Mr. MEUSER, Mr. ELLZEY, Mr. WEBERof
Texas, Ms. S
ALAZAR, Mr. CLYDE, Mr. FITZGERALD, Mr. ROUZER, Mrs.
C
AMMACK, Mr. FINSTAD, Mr. CARTERof Georgia, Mr. CISCOMANI, Mr.
C
LINE, Mr. FONG, Mr. SMITHof Nebraska, Mr. RULLI, Mr.
M
OOLENAAR, Ms. FOXX, Mr. LAWLER, Mr. GREENof Tennessee, Mr.
R
OGERSof Kentucky, Mrs. BICE, Mr. STRONG, Mr. GUEST, Mr. HUD-
SON, Mr. KEAN, Mr. ROGERSof Alabama, Mr. NUNNof Iowa, Mr.
M
ORAN, Mr. FALLON, Mr. EDWARDS, Mr. MOOREof West Virginia, Mr.
R
UTHERFORD, Mr. HERNof Oklahoma, Mr. ESTES, Mr. GOTTHEIMER,
Mr. M
OOREof Utah, Mr. KUSTOFF, Mr. GROTHMAN, Mr. VANORDEN,
Mr. F
ITZPATRICK, Mr. BAIRD, Mr. FLEISCHMANN, Mr. CAREY, Mr.
G
RIFFITH, Mr. SESSIONS, Mr. WEBSTERof Florida, Mrs. KIM, Mr.
L
ALOTA, Mr. WILSONof South Carolina, Mr. ZINKE, Mrs. WAGNER, Mr.
A
USTINSCOTTof Georgia, Mr. ALFORD, Mr. FULCHER, Mr.
B
ALDERSON, Mr. KILEYof California, Mr. GARBARINO, Mr. BARRETT,
Mr. M
OOREof Alabama, Mr. GRAVES, Mr. MILLERof Ohio, Mr. VAN
D
REW, Mr. EZELL, Mrs. HARSHBARGER, Ms. MALOY, Ms. LETLOW, Mrs.
H
INSON, Mrs. KIGGANSof Virginia, Mr. BACON, Mr. BEGICH, Mr.
V
ALADAO, Mr. WALBERG, Mr. KELLYof Mississippi, Mr. COLLINS, Mr.
L
ANGWORTHY, Mr. SCOTTFRANKLINof Florida, Mr. BILIRAKIS, Mr.
H
UIZENGA, Mr. ALLEN, Mr. BERGMAN, Mr. HIGGINSof Louisiana, Mr.
A
MODEIof Nevada, Mr. THOMPSONof Pennsylvania, Mr. OWENS, Mr.
S
TEIL, Mr. GUTHRIE, Mr. BARR, Mr. CALVERT, Mr. WITTMAN, Mr.
B
URCHETT, Mr. NEWHOUSE, Ms. MACE, Mr. MACKENZIE, Mrs.
H
OUCHIN, Mr. WILLIAMSof Texas, Ms. TENNEY, Mrs. FISCHBACH, Ms.
H
AGEMAN, Mr. STEUBE, Mr. GILLof Texas, Mr. SCHMIDT, Ms. DELA
C
RUZ, Mr. MCCORMICK, Mr. MCDOWELL, Mr. BRESNAHAN, Mrs. MIL-
LER-MEEKS, Mr. LOUDERMILK, Mr. YAKYM, Mr. GOODEN, Mr. JOHNSON
of South Dakota, Ms. M
ALLIOTAKIS, Mr. PERRY, Mr. BURLISON, Mr.
A
RRINGTON, Mr. BEANof Florida, Mr. TIMMONS, Mrs. MILLERof Illi-
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•HR 703 IH
nois, Mr. LAMALFA, Mr. MCCAUL, Mr. WIED, Ms. GREENEof Georgia,
Mr. D
OWNING, Mr. CRANK, Mr. GIMENEZ, Mr. DAVIDSON, Mr. LUCAS,
Mr. T
AYLOR, Mr. MOOREof North Carolina, Mr. LUTTRELL, Mr.
S
CHWEIKERT, Mr. COMER, Mr. EMMER, Mr. JOYCEof Ohio, Mr. JACK,
Mr. S
TUTZMAN, Mr. CUELLAR, Mr. RESCHENTHALER, Mr. FRY, Mr.
C
OLE, Mr. HILLof Arkansas, Mr. JACKSONof Texas, Mr. MILLS, and
Mr. M
CGUIRE) introduced the following bill; which was referred to the
Committee on Ways and Means 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 Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. SHORT TITLE. 3
This Act may be cited as the ‘‘Main Street Tax Cer-4
tainty Act’’. 5
SEC. 2. DEDUCTION FOR QUALIFIED BUSINESS INCOME 6
MADE PERMANENT. 7
(a) I
NGENERAL.—Section 199A of the Internal Rev-8
enue Code of 1986 is amended by striking subsection (i). 9
(b) E
FFECTIVEDATE.—The amendment made by 10
this section shall apply to taxable years beginning after 11
December 31, 2025. 12
Æ
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