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Enhanced Small Business Growth Act of 2026

6/3/2026, 5:23 PM

Summary of Bill HR 8755

The bill titled "To amend the Internal Revenue Code of 1986 to enhance the qualified business income deduction for domestic manufacturers, and for other purposes," designated as H.R. 8755 in the 119th Congress and introduced on May 12, 2026, aims to modify the Internal Revenue Code to improve the qualified business income deduction specifically for domestic manufacturers. The bill likely contains provisions related to tax incentives or benefits for businesses engaged in manufacturing activities, with potential revisions to the existing tax deduction framework.

Current Status of Bill HR 8755

Bill HR 8755 is currently in the status of Bill Introduced since May 12, 2026. Bill HR 8755 was introduced during Congress 119 and was introduced to the House on May 12, 2026.  Bill HR 8755's most recent activity was Referred to the House Committee on Ways and Means. as of May 12, 2026

Bipartisan Support of Bill HR 8755

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

Policy Area and Potential Impact of Bill HR 8755

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 8755

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

Comments

Sponsors and Cosponsors of HR 8755

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