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Small Business Tax Cut Act

5/8/2026, 2:42 PM

Summary of Bill HR 8415

The bill titled "To amend the Internal Revenue Code of 1986 to increase the deduction for qualified business income, and for other purposes," was introduced in the 119th Congress as H.R. 8415 on April 21, 2026.

Current Status of Bill HR 8415

Bill HR 8415 is currently in the status of Bill Introduced since April 21, 2026. Bill HR 8415 was introduced during Congress 119 and was introduced to the House on April 21, 2026.  Bill HR 8415's most recent activity was Referred to the House Committee on Ways and Means. as of April 21, 2026

Bipartisan Support of Bill HR 8415

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
0
Republican Cosponsors
6
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 8415

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 8415

To amend the Internal Revenue Code of 1986 to increase the deduction for qualified business income, and for other purposes.
To amend the Internal Revenue Code of 1986 to increase the deduction for qualified business income, and for other purposes.

Comments

Sergio Boykin profile image

Sergio Boykin

880

2 months ago

This bill gonna mess with my taxes, not cool.