House Passes Bill to Bring Tax Certainty to Small Businesses
WASHINGTON — Today, the House of Representatives passed H.R. 636, America’s Small Business Tax Relief Act, legislation introduced by Rep. Pat Tiberi (R-OH) that will make permanent important tax policies that will give small businesses the certainty they need to grow. Upon passage, Ways and Means Chairman Paul Ryan (R-WI) issued the following statement.
“Small businesses need more certainty to grow, and this bill will help them plan for the future. We still have a long way to go, but I see this as a down payment on a simpler, flatter, fairer tax code. That’s what we need to build a healthy economy and create jobs. And so I want to thank my colleagues for supporting this commonsense idea.”