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Bill > HR7395


US HR7395

US HR7395
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, amends the Internal Revenue Code to increase the deduction for certain expenses of eligible educators (elementary and secondary school teachers) from $250 to $1,000. The bill makes conforming changes to update the dollar amount and the base year used for adjusting the deduction amount for inflation. The amendments made by this bill apply to taxable years beginning after December 31, 2021.

Committee Categories

Budget and Finance

Sponsors (35)

Last Action

Referred to the House Committee on Ways and Means. (on 04/05/2022)

bill text


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