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

Fact Sheet API

Bill Number

HR 4293

Introduced

Dec 5, 2007

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

Full Text

View Full Bill Text

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

Dec 5, 2007

Referred to the House Committee on Ways and Means.
Dec 5, 2007

Sponsor introductory remarks on measure. (CR E2489-2490)
Dec 5, 2007

Introduced in House

Amendments

Related Bills