S. 707 (115 th ): Main Street Fairness Act

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A bill to amend the Internal Revenue Code of 1986 to ensure that pass-through businesses do not pay tax at a higher rate than corporations.

The bill’s titles are written by its sponsor.

Sponsor and status

Susan Collins

Sponsor. Senator for Maine. Republican.

This bill was introduced on March 23, 2017, in a previous session of Congress, but it did not receive a vote.

Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).

History

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

S. 707 (115th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number S. 707. This is the one from the 115 th Congress.

This bill was introduced in the 115 th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not passed by the end of a Congress is cleared from the books.

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GovTrack.us. (2024). S. 707 — 115th Congress: Main Street Fairness Act. Retrieved from https://www.govtrack.us/congress/bills/115/s707

“S. 707 — 115th Congress: Main Street Fairness Act.” www.GovTrack.us. 2017. September 20, 2024

Main Street Fairness Act, S. 707, 115th Cong. (2017).

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|title=S. 707 (115th)
|accessdate=September 20, 2024
|author=115th Congress (2017)
|date=March 23, 2017
|work=Legislation
|publisher=GovTrack.us
|quote=Main Street Fairness Act
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