H.R.622 - State and Local Sales Tax Deduction Fairness Act of 2015114th Congress (2015-2016)
|Sponsor:||Rep. Brady, Kevin [R-TX-8] (Introduced 01/30/2015)|
|Committees:||House - Ways and Means|
|Committee Reports:||H. Rept. 114-51|
|Latest Action:||Senate - 04/20/2015 Received in the Senate. (All Actions)|
|Roll Call Votes:||There have been 2 roll call votes|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
Text: H.R.622 — 114th Congress (2015-2016)All Information (Except Text)
Text available as:
Received in Senate (04/20/2015)
To amend the Internal Revenue Code of 1986 to make permanent the deduction of State and local general sales taxes.
This Act may be cited as the “State and Local Sales Tax Deduction Fairness Act of 2015”.
(a) In general.—Section 164(b)(5) of the Internal Revenue Code of 1986 is amended by striking subparagraph (I).
(b) Effective date.—The amendment made by this section shall apply to taxable years beginning after December 31, 2014.
The budgetary effects of this Act shall not be entered on either PAYGO scorecard maintained pursuant to section 4(d) of the Statutory Pay-As-You-Go Act of 2010.
Passed the House of Representatives April 16, 2015.
|Attest:||karen l. haas,|