S. 480 — Introduced in Senate

II 117th CONGRESS 1st Session S. 480 IN THE SENATE OF THE UNITED STATES February 25, 2021Mr. Daines (for himself, Mr. Cassidy, Mr. Scott of South Carolina, and Mr. Portman) 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. 1. Short title This Act may be cited as the Main Street Tax Certainty Act. 2. Deduction for qualified business income made permanent Section 199A of the Internal Revenue Code of 1986 is amended by striking subsection (i).