summary
Introduced
12/06/2019
12/06/2019
In Committee
12/06/2019
12/06/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To amend the Internal Revenue Code of 1986 to increase the above-the-line deduction for certain expenses of elementary and secondary school teachers. This bill increases the tax deduction for the expenses of elementary and secondary school teachers from $250 to $500.
AI Summary
This bill increases the tax deduction for the expenses of elementary and secondary school teachers from $250 to $500. Specifically, the bill amends the Internal Revenue Code to raise the "above-the-line" deduction, which allows teachers to deduct certain expenses directly from their taxable income without having to itemize. The increased deduction applies to taxable years beginning after December 31, 2018.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to the House Committee on Ways and Means. (on 12/06/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/5352/all-info |
BillText | https://www.congress.gov/116/bills/hr5352/BILLS-116hr5352ih.pdf |
Bill | https://www.congress.gov/116/bills/hr5352/BILLS-116hr5352ih.pdf.pdf |
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