Tax Reform
Rep. Lloyd Smucker serves as a member of the tax-writing Ways and Means Committee.
As a member of the Ways and Means Committee, Rep. Smucker is committed to advancing pro-growth tax policies that will strengthen the American economy and provide additional opportunities for hardworking Americans. Read the below news releases and articles for additional information on Rep. Smucker's efforts to advance pro-growth tax policies.
More on Tax Reform
WASHINGTON-Congressman Lloyd Smucker (PA-11) introduced the Main Street Tax Certainty Act, H.R. 703, legislation which would permanently extend Section 199A of the Internal Revenue Code, which is slated to expire at the end of this year. Smucker’s bipartisan legislation is cosponsored by 155 Members and is supported by all Republican Members of the Ways & Means Committee.
WASHINGTON – Congressman Lloyd Smucker (PA-11), a senior member of the tax-writing House Ways and Means Committee, has re-introduced the Main Street Tax Certainty Act, legislation which would permanently extend Section 199A of the Internal Revenue Code, which is slated to expire at the end of this year.
Washington—Reps. Lloyd Smucker (PA-11) and Gwen Moore (WI-04), members of the Ways and Means Committee, announce jointly-introducing the Survivor Justice Tax Prevention Act (H.R. 10055). This legislation will amend the nation’s tax code to ensure survivors of sexual abuse and unwanted and illegal sexual contact do not have to pay taxes on settlement income when they prevail legally against their abuser. The Members have introduced this legislation during Domestic Violence Awareness Month.
WASHINGTON– Reps. Lloyd Smucker (PA-11) and Don Beyer (VA-08), members of the Ways and Means Committee, announce jointly-introducing the Ensuring Nationwide Access to Better Life Experience (ENABLE) Act (H.R. 9614). This legislation helps individuals with disabilities save for their futures by permanently extending three provisions of the tax code which expire in 2025.
WASHINGTON– Legislation introduced by Rep. Lloyd Smucker (PA-11) to create a pilot program to supercharge investment in career and technical training programs received approval by the Ways and Means Committee and now goes to the House of Representatives for consideration.
WASHINGTON – Congressman Lloyd Smucker (PA-11) and U.S. Senator Steve Daines (R-MT) today shared a new study from Ernst and Young (EY) highlighting the economic activity supported by their small and family-owned business tax deduction. The Section 199A deduction provides a 20 percent deduction for pass-through businesses, allowing these businesses to reinvest their hard-earned capital, increase wages, and hire more employees.
New Freedom, PA – Rep. Lloyd Smucker (PA-11), a member of the tax-writing Committee on Ways and Means held a roundtable in southern York County to discuss tax policies impacting small businesses in Pennsylvania’s 11th District.
Washington—Legislation introduced by Rep. Lloyd Smucker (PA-11) to aid foster children, families, and child welfare agencies (CWAs) was advanced by the Ways and Means Committee today. Rep. Smucker’s legislation was included in the comprehensive and bipartisan Protecting America’s Children by Strengthening Families Act (H.R. 9076) which reauthorizes and reforms child welfare programs authorized under Title IV-B of the Social Security Act.
This editorial was first published in the Washington Times on June 5, 2024.
The entrepreneurial spirit is foundational to the American identity. Millions of Americans follow their passions every day as small business owners in our nation’s free enterprise system which has created more prosperity than any other economic system in the history of the world.
Washington—Rep. Lloyd Smucker’s (PA-11) Foreign Grant Reporting Act was favorably reported from the Committee on Ways and Means by a unanimous vote.