Small Business Tax Cut Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8415 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 8415 To amend the Internal Revenue Code of 1986 to increase the deduction for qualified business income, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 21, 2026 Mr. Kustoff (for himself, Mrs. Miller of West Virginia, Mr. Steube, Ms. Tenney, Mr. Carey, Mrs. Fischbach, and Mr. Moore of Utah) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to increase the deduction for qualified business income, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Small Business Tax Cut Act''. SEC. 2. INCREASE IN DEDUCTION FOR QUALIFIED BUSINESS INCOME. (a) In General.--Subsections (a)(2), (b)(1)(B), and (b)(2)(A) of section 199A of the Internal Revenue Code of 198…