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July 2, 2025
NFIB sends a letter to the U.S. Senate urging members to advance this historic legislation
What it means: The One Big Beautiful Bill Act is a landmark bill that will stop a massive tax hike on more than 33 million small businesses and make the Small Business Tax Deduction permanent.
Our take: “After months of debate, Congress is on the doorstep of historic legislation that would provide permanent tax relief for 33 million small businesses. By making the 20% Small Business Deduction permanent, the One Big Beautiful Bill Act will free small businesses to invest in their businesses and employees – benefiting communities all over America,” said Adam Temple, NFIB Senior Vice President for Advocacy.
Take action: Urge Congress to pass the One Big Beautiful Bill Act and make the Small Business Tax Deduction permanent.
The One Big Beautiful Bill Act is a landmark bill that will provide tax relief for over 33 million small businesses. NFIB has named the One Big Beautiful Bill Act a Key Vote and sent a letter to the U.S. House of Representatives urging lawmakers to support the Senate amendment.
The 20% Small Business Tax Deduction will be permanent if the bill passes through Congress. This 20% tax deduction empowers small businesses to grow and will even the playing field to stay competitive with larger businesses.
The U.S. House passed the bill previously, but because the Senate made amendments the next step for the bill is to go back to the House for a final vote. NFIB will continue urging the House to finish the job and stop a massive tax hike on small business.
Listen to the Small Business Rundown to hear NFIB members discuss this issue at NFIB’s Fly-In. Learn more about the Small Business Tax Deduction and join the fight to make it permanent.
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NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.
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