S. 2387 · 117th Congress · Senate

Small Business Tax Fairness Act

Active· Read twice and referred to the Committee on Finance.
Introduced
Jul 20, 21
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

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.

Action Timeline

2
  1. JUL 20, 2021IntroReferral

    Introduced in Senate

  2. JUL 20, 2021IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Jul 20, 2021

Active