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Bill > HR2854


US HR2854

US HR2854
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

113th Congress

Bill Summary

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

AI Summary

This bill proposes to amend the Internal Revenue Code of 1986, which is the primary body of federal tax law in the United States, to make permanent the ability for taxpayers to deduct state and local general sales taxes. Currently, this deduction has an expiration date, and this legislation aims to remove that limitation, allowing individuals to continue claiming this deduction indefinitely. The specific change involves striking language that limits the deduction to periods before January 1, 2014, thereby extending it permanently.

Committee Categories

Budget and Finance

Sponsors (30)

Last Action

Referred to the House Committee on Ways and Means. (on 07/30/2013)

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