There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (09/14/2006)

Amends the Internal Revenue Code to increase from $16,000 to $30,000 the adjusted gross income limitation applicable to qualified performing artists who are eligible to deduct their performance expenses from gross income (above-the-line tax deduction). Provides for an inflation adjustment to such increased income limitation beginning in 2011.