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Bill > HR445


US HR445

US HR445
To amend the Internal Revenue Code of 1986 to make permanent the deduction of State and local general sales taxes.


summary

Introduced
In Committee
Crossed Over
Passed
Dead

Introduced Session

112th Congress

Bill Summary

Amends the Internal Revenue Code to make permanent the taxpayer election to deduct state and local general sales taxes in lieu of state and local income taxes.

AI Summary

This bill aims to make a permanent option for taxpayers to deduct state and local general sales taxes on their federal income tax returns, instead of deducting state and local income taxes. The Internal Revenue Code of 1986 is the set of federal tax laws, and this legislation proposes to amend it by removing a specific date limitation that previously applied to this deduction, effectively allowing taxpayers to choose the sales tax deduction indefinitely.

Committee Categories

Budget and Finance

Sponsors (15)

Last Action

Referred to the House Committee on Ways and Means. (on 01/25/2011)

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