Main Street Tax Certainty Act

I 116TH CONGRESS 1ST SESSION H. R. 216 To amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income. IN THE HOUSE OF REPRESENTATIVES JANUARY 3, 2019 Mr. SMITH of Missouri 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 Section 199A of the Internal Revenue Code of 1986 8 is amended by striking subsection (i). 9 Æ VerDate Sep 11 2014 19:28 Jan 16, 2019 Jkt 089200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6301 E:\BILLS\H216.IH H216 pamtmann on DSKBFK8HB2PROD with BILLS