H.R. 1381 · 117th Congress · 2021–2022
Main Street Tax Certainty Act
H.R. 1381 in the 117th Congress (2021–2022) was introduced on Feb 25, 2021, sponsored by Jason Smith with 99 co-sponsors.
During the 117th Congress (2021–2022), Joe Biden was president, and Democrats held the House majority and Republicans the Senate majority.
- Status
- Introduced
- Introduced
- Feb 25, 2021
- Co-sponsors
- 99
- Policy area
- Taxation
What it does
Main Street Tax Certainty Act This bill makes permanent the tax deduction for qualified business income. (Under current law, the deduction expires after December 31, 2025.) Qualified business income is defined as the net amount of qualified items of income, gain, deduction and loss with respect to any trade or business, excluding capital gains or losses, dividends, interest income, or income earned outside the U.S.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Jason Smith (R-MO). Co-sponsors: 2 Democrats, 97 Republicans.
Where it stands
- IntroducedFeb 25, 2021
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Referred to the House Committee on Ways and Means. (Feb 25, 2021)
More bills from Jason Smith in the 117th Congress
Other Taxation bills in the 117th Congress
- H.R. 95: Hearing Protection Act
- H.R. 613: SALT Deductibility Act
- S. 749: American Innovation and Jobs Act
- H.R. 889: Education Freedom Scholarships and Opportunity Act
- H.R. 894: No Tax Breaks for Sanctuary Cities Act
- H.R. 1219: ABLE Age Adjustment Act
- H.R. 1346: Hospitality and Commerce Job Recovery Act of 2021
- H.R. 1712: Death Tax Repeal Act
- S. 1777: Don't Weaponize the IRS Act
- S. 2014: Refund Equality Act of 2021
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 1381 (117th Congress): Main Street Tax Certainty Act,” https://www.capitolreceipts.com/bill/117-hr-1381/main-street-tax-certainty-act (accessed 2026-10-17).