House Passes Bill to Bring Tax Certainty to Small Businesses

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House Passes Bill to Bring Tax Certainty to Small Businesses

The following press release was published by the U.S. Congress Committee on Ways and Means on Feb. 27, 2015. It is reproduced in full below.

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."

Source: U.S. Congress Committee on Ways and Means

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