summary
Introduced
09/06/2023
09/06/2023
In Committee
09/06/2023
09/06/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th 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 2023, proposes to amend the Internal Revenue Code of 1986 to increase the tax deduction for certain expenses incurred by elementary and secondary school teachers. Specifically, the bill would increase the deduction from $250 to $1,000, and update the relevant inflation adjustment provisions to reflect the new deduction amount starting with the 2023 tax year.
Committee Categories
Budget and Finance
Sponsors (12)
Sherrod Brown (D)*,
Bob Casey (D),
Angus King (I),
Amy Klobuchar (D),
Ben Ray Luján (D),
Bob Menendez (D),
Chris Murphy (D),
Alex Padilla (D),
Jeanne Shaheen (D),
Tina Smith (D),
Chris Van Hollen (D),
Mark Warner (D),
Last Action
Read twice and referred to the Committee on Finance. (on 09/06/2023)
Bill Topics
Education
- ‐ Elementary and Secondary Education
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/senate-bill/2731/all-info | 09/07/2023 |
| BillText | https://www.congress.gov/118/bills/s2731/BILLS-118s2731is.pdf | 09/09/2023 |
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