HR 703 · 119th Congress 2025–2027

Main Street Tax Certainty Act

Introduced Jan 23, 2025 Originated House Sponsor Lloyd Smucker R-PA

Latest action · Jan 23, 2025 Referred to the House Committee on Ways and Means.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

IntroducedJan 23, 2025
Passed HouseNot reached
Passed SenateNot reached
To the PresidentNot reached
Became lawNot reached

Summary

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.

Cosponsors 192

Members who signed on, in the order they did. Signatures ran from Jan 23, 2025 to Aug 15, 2025; 154 are original cosponsors, there from the day it was introduced.

Seat	Cosponsor		Signed on
R-FL	Aaron Bean	Original	Jan 23, 2025
R-NC	Addison P. McDowell	Original	Jan 23, 2025
R-NE	Adrian Smith	Original	Jan 23, 2025
R-NY	Andrew R. Garbarino	Original	Jan 23, 2025
R-GA	Andrew S. Clyde	Original	Jan 23, 2025
R-KY	Andy Barr	Original	Jan 23, 2025
R-MO	Ann Wagner	Original	Jan 23, 2025
R-IA	Ashley Hinson	Original	Jan 23, 2025
R-GA	Austin Scott	Original	Jan 23, 2025
R-GA	Barry Loudermilk	Original	Jan 23, 2025
R-AL	Barry Moore	Original	Jan 23, 2025
R-VA	Ben Cline	Original	Jan 23, 2025
R-TX	Beth Van Duyne	Original	Jan 23, 2025
R-MI	Bill Huizenga	Original	Jan 23, 2025
R-UT	Blake D. Moore	Original	Jan 23, 2025
R-MN	Brad Finstad	Original	Jan 23, 2025
R-TX	Brandon Gill	Original	Jan 23, 2025
R-KY	Brett Guthrie	Original	Jan 23, 2025
R-GA	Brian Jack	Original	Jan 23, 2025
R-PA	Brian K. Fitzpatrick	Original	Jan 23, 2025
R-WI	Bryan Steil	Original	Jan 23, 2025
R-UT	Burgess Owens	Original	Jan 23, 2025
R-FL	Carlos A. Gimenez	Original	Jan 23, 2025
R-WV	Carol D. Miller	Original	Jan 23, 2025
R-UT	Celeste Maloy	Original	Jan 23, 2025
R-TN	Charles J. "Chuck" Fleischmann	Original	Jan 23, 2025
R-NC	Chuck Edwards	Original	Jan 23, 2025
R-NY	Claudia Tenney	Original	Jan 23, 2025
R-LA	Clay Higgins	Original	Jan 23, 2025
R-FL	Cory Mills	Original	Jan 23, 2025
R-AL	Dale W. Strong	Original	Jan 23, 2025
R-TX	Dan Crenshaw	Original	Jan 23, 2025
R-WA	Dan Newhouse	Original	Jan 23, 2025
R-PA	Daniel Meuser	Original	Jan 23, 2025
R-FL	Daniel Webster	Original	Jan 23, 2025
R-IL	Darin LaHood	Original	Jan 23, 2025
R-CA	David G. Valadao	Original	Jan 23, 2025
R-OH	David J. Taylor	Original	Jan 23, 2025
R-TN	David Kustoff	Original	Jan 23, 2025
R-OH	David P. Joyce	Original	Jan 23, 2025
R-NC	David Rouzer	Original	Jan 23, 2025
R-AZ	David Schweikert	Original	Jan 23, 2025
R-KS	Derek Schmidt	Original	Jan 23, 2025
R-WI	Derrick Van Orden	Original	Jan 23, 2025
R-TN	Diana Harshbarger	Original	Jan 23, 2025
R-NE	Don Bacon	Original	Jan 23, 2025
R-CA	Doug LaMalfa	Original	Jan 23, 2025
R-SD	Dusty Johnson	Original	Jan 23, 2025
R-GA	Earl L. "Buddy" Carter	Original	Jan 23, 2025
R-MO	Eric Burlison	Original	Jan 23, 2025
R-IN	Erin Houchin	Original	Jan 23, 2025
R-OK	Frank D. Lucas	Original	Jan 23, 2025
R-WI	Glenn Grothman	Original	Jan 23, 2025
R-PA	Glenn Thompson	Original	Jan 23, 2025
R-NC	Gregory F. Murphy	Original	Jan 23, 2025
R-FL	Gus M. Bilirakis	Original	Jan 23, 2025
R-PA	Guy Reschenthaler	Original	Jan 23, 2025
R-VA	H. Morgan Griffith	Original	Jan 23, 2025
R-KY	Harold Rogers	Original	Jan 23, 2025
R-WY	Harriet M. Hageman	Original	Jan 23, 2025
D-TX	Henry Cuellar	Original	Jan 23, 2025
R-AR	J. French Hill	Original	Jan 23, 2025
R-MI	Jack Bergman	Original	Jan 23, 2025
R-TX	Jake Ellzey	Original	Jan 23, 2025
R-KY	James Comer	Original	Jan 23, 2025
R-IN	James R. Baird	Original	Jan 23, 2025
R-CO	Jeff Crank	Original	Jan 23, 2025
D-NJ	Jefferson Van Drew	Original	Jan 23, 2025
R-VA	Jennifer A. Kiggans	Original	Jan 23, 2025
R-TX	Jodey C. Arrington	Original	Jan 23, 2025
R-SC	Joe Wilson	Original	Jan 23, 2025
R-FL	John H. Rutherford	Original	Jan 23, 2025
R-VA	John J. McGuire III	Original	Jan 23, 2025
R-PA	John Joyce	Original	Jan 23, 2025
R-MI	John R. Moolenaar	Original	Jan 23, 2025
D-NJ	Josh Gottheimer	Original	Jan 23, 2025
R-AZ	Juan Ciscomani	Original	Jan 23, 2025
R-LA	Julia Letlow	Original	Jan 23, 2025
R-FL	Kat Cammack	Original	Jan 23, 2025
R-CA	Ken Calvert	Original	Jan 23, 2025
R-OK	Kevin Hern	Original	Jan 23, 2025
R-CA	Kevin Kiley	Original	Jan 23, 2025
R-TX	Lance Gooden	Original	Jan 23, 2025
R-FL	Maria Elvira Salazar	Original	Jan 23, 2025
R-IA	Mariannette Miller-Meeks	Original	Jan 23, 2025
R-GA	Marjorie Taylor Greene	Original	Jan 23, 2025
R-MO	Mark Alford	Original	Jan 23, 2025
R-NV	Mark E. Amodei	Original	Jan 23, 2025
R-TN	Mark E. Green	Original	Jan 23, 2025
R-IN	Marlin A. Stutzman	Original	Jan 23, 2025
R-IL	Mary E. Miller	Original	Jan 23, 2025
R-OH	Max L. Miller	Original	Jan 23, 2025
R-OH	Michael A. Rulli	Original	Jan 23, 2025
R-MS	Michael Guest	Original	Jan 23, 2025
R-NY	Michael Lawler	Original	Jan 23, 2025
R-TX	Michael T. McCaul	Original	Jan 23, 2025
R-MN	Michelle Fischbach	Original	Jan 23, 2025
R-IL	Mike Bost	Original	Jan 23, 2025
R-OH	Mike Carey	Original	Jan 23, 2025
R-GA	Mike Collins	Original	Jan 23, 2025
R-MS	Mike Ezell	Original	Jan 23, 2025
R-PA	Mike Kelly	Original	Jan 23, 2025
R-AL	Mike Rogers	Original	Jan 23, 2025
R-TX	Monica De La Cruz	Original	Jan 23, 2025
R-TX	Morgan Luttrell	Original	Jan 23, 2025
R-SC	Nancy Mace	Original	Jan 23, 2025
R-TX	Nathaniel Moran	Original	Jan 23, 2025
R-NY	Nicholas A. Langworthy	Original	Jan 23, 2025
R-AK	Nicholas J. Begich III	Original	Jan 23, 2025
R-NY	Nick LaLota	Original	Jan 23, 2025
R-NY	Nicole Malliotakis	Original	Jan 23, 2025
R-TX	Pat Fallon	Original	Jan 23, 2025
R-TX	Pete Sessions	Original	Jan 23, 2025
R-MN	Pete Stauber	Original	Jan 23, 2025
R-IA	Randy Feenstra	Original	Jan 23, 2025
R-TX	Randy K. Weber, Sr.	Original	Jan 23, 2025
R-NC	Richard Hudson	Original	Jan 23, 2025
R-GA	Richard McCormick	Original	Jan 23, 2025
R-GA	Rick W. Allen	Original	Jan 23, 2025
R-WV	Riley M. Moore	Original	Jan 23, 2025
R-VA	Robert J. Wittman	Original	Jan 23, 2025
R-PA	Robert P. Bresnahan, Jr.	Original	Jan 23, 2025
R-TX	Roger Williams	Original	Jan 23, 2025
R-KS	Ron Estes	Original	Jan 23, 2025
R-TX	Ronny Jackson	Original	Jan 23, 2025
R-IN	Rudy Yakym III	Original	Jan 23, 2025
R-ID	Russ Fulcher	Original	Jan 23, 2025
R-SC	Russell Fry	Original	Jan 23, 2025
R-MT	Ryan K. Zinke	Original	Jan 23, 2025
R-PA	Ryan Mackenzie	Original	Jan 23, 2025
R-MO	Sam Graves	Original	Jan 23, 2025
R-WI	Scott Fitzgerald	Original	Jan 23, 2025
R-FL	Scott Franklin	Original	Jan 23, 2025
R-PA	Scott Perry	Original	Jan 23, 2025
R-OK	Stephanie I. Bice	Original	Jan 23, 2025
R-NJ	Thomas H. Kean, Jr.	Original	Jan 23, 2025
R-TN	Tim Burchett	Original	Jan 23, 2025
R-NC	Tim Moore	Original	Jan 23, 2025
R-MI	Tim Walberg	Original	Jan 23, 2025
R-MI	Tom Barrett	Original	Jan 23, 2025
R-OK	Tom Cole	Original	Jan 23, 2025
R-MN	Tom Emmer	Original	Jan 23, 2025
R-WI	Tony Wied	Original	Jan 23, 2025
R-MS	Trent Kelly	Original	Jan 23, 2025
R-OH	Troy Balderson	Original	Jan 23, 2025
R-MT	Troy Downing	Original	Jan 23, 2025
R-FL	Vern Buchanan	Original	Jan 23, 2025
R-CA	Vince Fong	Original	Jan 23, 2025
R-NC	Virginia Foxx	Original	Jan 23, 2025
R-FL	W. Gregory Steube	Original	Jan 23, 2025
R-OH	Warren Davidson	Original	Jan 23, 2025
R-SC	William R. Timmons IV	Original	Jan 23, 2025
R-CA	Young Kim	Original	Jan 23, 2025
R-IA	Zachary Nunn	Original	Jan 23, 2025
R-ND	Julie Fedorchak		Jan 24, 2025
R-TN	Andrew Ogles		Feb 4, 2025
R-AR	Bruce Westerman		Feb 4, 2025
R-AL	Gary J. Palmer		Feb 4, 2025
R-CA	Jay Obernolte		Feb 4, 2025
R-TN	John W. Rose		Feb 4, 2025
R-TX	Keith Self		Feb 4, 2025
R-FL	Laurel M. Lee		Feb 4, 2025
R-IN	Mark B. Messmer		Feb 4, 2025
R-OH	Michael R. Turner		Feb 4, 2025
R-NE	Mike Flood		Feb 4, 2025
R-AR	Steve Womack		Feb 4, 2025
R-TX	August Pfluger		Feb 6, 2025
R-TX	Craig A. Goldman		Feb 10, 2025
R-OH	Robert E. Latta		Feb 11, 2025
R-ID	Michael K. Simpson		Feb 14, 2025
R-AL	Robert B. Aderholt		Feb 14, 2025
R-KS	Tracey Mann		Feb 14, 2025
R-IN	Jefferson Shreve		Feb 21, 2025
R-FL	Neal P. Dunn		Feb 21, 2025
R-MO	Robert F. Onder, Jr.		Feb 21, 2025
R-CO	Gabe Evans		Feb 25, 2025
R-NC	Pat Harrigan		Mar 4, 2025
R-CO	Jeff Hurd		Mar 21, 2025
R-MD	Andy Harris		Mar 26, 2025
R-WA	Michael Baumgartner		Mar 26, 2025
R-WI	Thomas P. Tiffany		Mar 26, 2025
R-NY	Elise M. Stefanik		Apr 7, 2025
R-SC	Ralph Norman		Apr 8, 2025
R-SC	Sheri Biggs		Apr 9, 2025
R-NC	Brad Knott		Apr 28, 2025
R-TN	Scott DesJarlais		Apr 28, 2025
R-TX	Tony Gonzales		May 5, 2025
R-AZ	Andy Biggs		May 15, 2025
R-MI	John James		May 21, 2025
R-OH	Jim Jordan		Jun 3, 2025
R-TX	Wesley Hunt		Jun 9, 2025
D-GA	Sanford D. Bishop, Jr.		Aug 15, 2025

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

Chamber	Committee	What it did
House	Ways and Means Committee	Referred Jan 23, 2025

Actions 2

Everything that happened, newest first.

Jan 23, 2025Introduced in House
Jan 23, 2025Referred to the House Committee on Ways and Means.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

Congress has the power to enact this legislation pursuant to the following: Clause 1 of section 8 Article I of the Constitution

The sponsor’s statement, as printed in the Congressional Record, vol. 171, no. 14, January 23, 2025, page H389.

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced: To amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income.
Short Title(s) as Introduced: Main Street Tax Certainty Act

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Taxation

Text 1

Each version as it was printed, newest first.

Jan 23, 2025Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.