Bill

Bill > S3992


US S3992

US S3992
Educators Expense Deduction Modernization Act of 2022


summary

Introduced
04/05/2022
In Committee
04/05/2022
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Internal Revenue Code of 1986 to increase the deduction for certain expenses of elementary and secondary school teachers.

AI Summary

This bill, the Educators Expense Deduction Modernization Act of 2022, aims to amend the Internal Revenue Code to increase the deduction for certain expenses of elementary and secondary school teachers. Specifically, it raises the deduction limit from $250 to $1,000 and updates the eligible timeframe from 2014 to 2021. These changes are intended to help support and recognize the important role that teachers play, by allowing them to deduct more of the out-of-pocket expenses they incur for classroom supplies and other educational materials.

Committee Categories

Budget and Finance

Sponsors (9)

Last Action

Read twice and referred to the Committee on Finance. (on 04/05/2022)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...