US HB1757 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 21-0)
Status: Introduced on March 14 2019 - 25% progression, died in committee
Action: 2019-03-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 14 2019 - 25% progression, died in committee
Action: 2019-03-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Increases the limit on individual income tax deductions for certain state and local taxes, which is currently $10,000 per year ($5,000 for a married taxpayer filing a separate return). The bill increases the limit to $15,000 (twice the amount in the case of a joint return) and requires the limit to be adjusted for inflation after 2019.
Title
To amend the Internal Revenue Code of 1986 to increase the limitation on the amount individuals can deduct for certain State and local taxes.
Sponsors
| Rep. Lauren Underwood [D-IL] | Rep. Sean Casten [D-IL] | Rep. Mary Gay Scanlon [D-PA] | Rep. Daniel Lipinski [D-IL] |
| Rep. Emanuel Cleaver [D-MO] | Rep. G. Butterfield [D-NC] | Rep. James Clyburn [D-SC] | Rep. Cedric Richmond [D-LA] |
| Rep. Al Lawson [D-FL] | Rep. Bennie Thompson [D-MS] | Rep. Al Green [D-TX] | Rep. Frederica Wilson [D-FL] |
| Rep. Andre Carson [D-IN] | Rep. Bonnie Coleman [D-NJ] | Rep. Gwen Moore [D-WI] | Rep. Eddie Johnson [D-TX] |
| Rep. Marcia Fudge [D-OH] | Rep. Robin Kelly [D-IL] | Rep. Yvette Clarke [D-NY] | Rep. Donald Payne [D-NJ] |
| Rep. Bill Foster [D-IL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-03-14 | House | Referred to the House Committee on Ways and Means. |
| 2019-03-14 | House | Introduced in House |
Same As/Similar To
HB2894 (Related) 2019-05-22 - Referred to the House Committee on Ways and Means.
SB2762 (Related) 2019-10-31 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6336-6337)
SB2762 (Related) 2019-10-31 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6336-6337)
Subjects
Income tax deductions
Inflation and prices
Property tax
Sales and excise taxes
State and local taxation
Taxation
Inflation and prices
Property tax
Sales and excise taxes
State and local taxation
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/1757/all-info |
| Text | https://www.congress.gov/116/bills/hr1757/BILLS-116hr1757ih.pdf |
