Main Street Tax Certainty Act

II 116TH CONGRESS 1ST SESSION S. 1149 To amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income. IN THE SENATE OF THE UNITED STATES APRIL 11, 2019 Mr. DAINES (for himself, Mr. ROBERTS, and Mr. THUNE) introduced the following bill; which was read twice and referred to the Committee on Finance 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 00:38 Apr 18, 2019 Jkt 089200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6301 E:\BILLS\S1149.IS S1149 kjohnson on DSK79L0C42 with BILLS