To amend the Internal Revenue Code of 1986 to allow an above-the-line deduction for State and local, and foreign, real property taxes.

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Bill Number

HR 5860

Introduced

Jul 20, 2006

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Government Operations and Politics Income tax Local taxation Property tax State taxation Tax deductions Taxation

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Votes

Summary

Amends the Internal Revenue Code to allow all individual taxpayers to deduct from gross income state, local, and foreign real property taxes whether or not such taxpayers itemize their tax deductions.

Actions

Jul 20, 2006

Referred to the House Committee on Ways and Means.
Jul 20, 2006

Introduced in House

Amendments

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