Bill117th CongressFiled Jul 20, 2021Taxation
S. 2387
Small Business Tax Fairness Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jul 20, 2021)
Small Business Tax Fairness Act
This bill revises the tax deduction for qualified business income to limit eligibility for such deduction to individual taxpayers. It also modifies rules for calculating the amount of such deduction and limitations on it.
What just happenedJul 20, 2021
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Wyden, Ron [D-OR](D-OR)Sponsor
1committees2actions
- Introduced in SenateJul 20, 2021
- Jul 20, 2021IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jul 20, 2021IntroReferral10000
Introduced in Senate