Bill

Bill > HRes772


US HRes772

US HRes772
Providing for consideration of the bill (H.B. 5377) to amend the Internal Revenue Code of 1986 to modify the limitation on deduction of State and local taxes, and for other purposes.


summary

Introduced
12/19/2019
In Committee
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

Providing for consideration of the bill (H.B. 5377) to amend the Internal Revenue Code of 1986 to modify the limitation on deduction of State and local taxes, and for other purposes. This resolution sets forth the rule for consideration of H.B. 5377 (Restoring Tax Fairness for States and Localities Act).

AI Summary

This Resolution establishes the rules for debating and voting on a bill, H.R. 5377, which aims to change a specific part of the U.S. tax law, the Internal Revenue Code of 1986, concerning the deduction of State and local taxes. It waives all procedural objections that could prevent the bill from being considered, automatically adopts a proposed revised version of the bill from the Committee on Ways and Means, and allows for one hour of debate equally split between the majority and minority party leaders on the Ways and Means Committee. Furthermore, it permits one final attempt to send the bill back to committee for further changes before a final vote, ensuring a streamlined process for the bill's consideration.

Sponsors (1)

Last Action

Motion to reconsider laid on the table Agreed to without objection. (on 12/19/2019)

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