S 213 — Main Street Tax Certainty Act
Last action — Read twice and referred to the Committee on Finance.
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill is in committee in the Senate. Introduced January 23, 2025. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the Senate.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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In Committee
Current position in the legislative process.
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46 sponsors
1 primary, 45 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (46 R).
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
Main Street Tax Certainty Act This bill makes permanent the qualified business income (QBI) tax deduction.Under current law, individuals, estates, and trusts may deduct the lower of (1) 20% of QBI from a qualified business, qualified real estate investment trust dividends, and qualified publicly traded partnership income; or (2) 20% of taxable income less net capital gain. (Some limitations apply.)However, under current law, the QBI tax deduction expires after December 31, 2025.
Bill Text
- Introduced Introduced in Senate Current html January 23, 2025
Action History
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Introduced in Senate
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Read twice and referred to the Committee on Finance.
Sponsors
- Steve Daines · Primary
- Chuck Grassley · Cosponsor
- Kevin Cramer · Cosponsor
- Jerry Moran · Cosponsor
- Marsha Blackburn · Cosponsor
- Mike Rounds · Cosponsor
- Shelley Moore Capito · Cosponsor
- Pete Ricketts · Cosponsor
- Katie Boyd Britt · Cosponsor
- James E. Risch · Cosponsor
- Eric Schmitt · Cosponsor
- Roger F. Wicker · Cosponsor
- Cynthia M. Lummis · Cosponsor
- Cindy Hyde-Smith · Cosponsor
- Tommy Tuberville · Cosponsor
- Ted Cruz · Cosponsor
- James Lankford · Cosponsor
- John Hoeven · Cosponsor
- Thomas Tillis · Cosponsor
- Roger Marshall · Cosponsor
- James C. Justice · Cosponsor
- Tim Sheehy · Cosponsor
- Deb Fischer · Cosponsor
- Joni Ernst · Cosponsor
- Bill Cassidy · Cosponsor
- John Thune · Cosponsor
- Ted Budd · Cosponsor
- Rick Scott · Cosponsor
- Bill Hagerty · Cosponsor
- John Barrasso · Cosponsor
- Todd Young · Cosponsor
- John Kennedy · Cosponsor
- Tim Scott · Cosponsor
- Jim Banks · Cosponsor
- Tom Cotton · Cosponsor
- John R. Curtis · Cosponsor
- Dan Sullivan · Cosponsor
- Lindsey Graham · Cosponsor
- John Boozman · Cosponsor
- Bernie Moreno · Cosponsor
- Jon Husted · Cosponsor
- David McCormick · Cosponsor
- Mike Lee · Cosponsor
- Josh Hawley · Cosponsor
- Susan M. Collins · Cosponsor
- John Cornyn · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 45 co-sponsors · 501 not signed on
Sponsors (1)
- Daines, Steve Republican
Co-sponsors (45)
- Grassley, Chuck Republican
- Cramer, Kevin Republican
- Moran, Jerry Republican
- Blackburn, Marsha Republican
- Rounds, Mike Republican
- Capito, Shelley Moore Republican
- Ricketts, Pete Republican
- Britt, Katie Boyd Republican
- Risch, James E. Republican
- Schmitt, Eric Republican
- Wicker, Roger F. Republican
- Lummis, Cynthia M. Republican
- Hyde-Smith, Cindy Republican
- Tuberville, Tommy Republican
- Cruz, Ted Republican
- Lankford, James Republican
- Hoeven, John Republican
- Tillis, Thomas Republican
- Marshall, Roger Republican
- Justice, James C. Republican
- Sheehy, Tim Republican
- Fischer, Deb Republican
- Ernst, Joni Republican
- Cassidy, Bill Republican
- Thune, John Republican
- Budd, Ted Republican
- Scott, Rick Republican
- Hagerty, Bill Republican
- Barrasso, John Republican
- Young, Todd Republican
- Kennedy, John Republican
- Scott, Tim Republican
- Banks, Jim Republican
- Cotton, Tom Republican
- Curtis, John R. Republican
- Sullivan, Dan Republican
- Graham, Lindsey Republican
- Boozman, John Republican
- Moreno, Bernie Republican
- Husted, Jon Republican
- McCormick, David Republican
- Lee, Mike Republican
- Hawley, Josh Republican
- Collins, Susan M. Republican
- Cornyn, John Republican
Not signed on (501)
501 members have not signed on to this bill.
Show all 501 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does S 213 do?
- Main Street Tax Certainty Act This bill makes permanent the qualified business income (QBI) tax deduction.Under current law, individuals, estates, and trusts may deduct the lower of (1) 20% of QBI from a qualified business, qualified real estate investment trust dividends, and qualified publicly traded partnership income; or (2) 20% of taxable income less net capital gain. (Some limitations apply.)However, under current law, the QBI tax deduction expires after December 31, 2025.
- Who sponsors S 213?
- S 213 is sponsored by Daines, Steve (Republican), Grassley, Chuck (Republican), Cramer, Kevin (Republican), Moran, Jerry (Republican), Blackburn, Marsha (Republican), Rounds, Mike (Republican), Capito, Shelley Moore (Republican), Ricketts, Pete (Republican), Britt, Katie Boyd (Republican), Risch, James E. (Republican), Schmitt, Eric (Republican), Wicker, Roger F. (Republican), Lummis, Cynthia M. (Republican), Hyde-Smith, Cindy (Republican), Tuberville, Tommy (Republican), Cruz, Ted (Republican), Lankford, James (Republican), Hoeven, John (Republican), Tillis, Thomas (Republican), Marshall, Roger (Republican), Justice, James C. (Republican), Sheehy, Tim (Republican), Fischer, Deb (Republican), Ernst, Joni (Republican), Cassidy, Bill (Republican), Thune, John (Republican), Budd, Ted (Republican), Scott, Rick (Republican), Hagerty, Bill (Republican), Barrasso, John (Republican), Young, Todd (Republican), Kennedy, John (Republican), Scott, Tim (Republican), Banks, Jim (Republican), Cotton, Tom (Republican), Curtis, John R. (Republican), Sullivan, Dan (Republican), Graham, Lindsey (Republican), Boozman, John (Republican), Moreno, Bernie (Republican), Husted, Jon (Republican), McCormick, David (Republican), Lee, Mike (Republican), Hawley, Josh (Republican), Collins, Susan M. (Republican), and Cornyn, John (Republican).
- What is the current status of S 213?
- This bill is in committee in the Senate. Introduced January 23, 2025. It must pass committee before a floor vote.
- Where can I track S 213?
- Track S 213 free on One Click Politics — get push/email alerts when it moves.
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