Small Business Tax Cut Act
Bill Summary
Reduces taxes for small businesses. Lowers the tax rate to help them keep more of their earnings.
Sponsored By
Bill Journey
- Apr 21, 2026
- Apr 21, 2026You Are Here
The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.
- TBD
The full chamber debates the bill, may amend it, and votes on whether to pass it.
- TBD
If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.
- TBD
If passed by both chambers, the bill goes to the President to sign into law or veto.
Why It Matters
This bill affects small business owners, potentially increasing their profits by reducing their tax burden, and may also impact their employees if the businesses choose to invest their savings in expansion or payroll.
Impact Areas
Support & Opposition
- Republican7
Documents
1
Full text opens on congress.gov, the official source.
Cosponsors (8)
- Carol D. MillerRepublican · WV
- W. Gregory SteubeRepublican · FL
- Claudia TenneyRepublican · NY
- Mike CareyRepublican · OH
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2 more not shown here — see the full list on congress.gov.
Bill Details
- Economy
- Retail
Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.