S 1490 · 106th Congress · Taxation

Tax Deduction Fairness Act of 1999

Introduced 1999-08-04· Sponsored by Sen. Thompson, Fred [R-TN]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(1999-08-04)

Plain Language Summary

[AI summary unavailable — showing source text] Tax Deduction Fairness Act of 1999 - Amends the Internal Revenue Code to allow a taxpayer to elect, when itemizing, to deduct State and local general sales taxes in lieu of State and local income taxes. Limits such deduction to a tax imposed at one rate in respect of the sale at retail of a broad range of classes of items (including food, clothing, medical supplies, and motor vehicles).…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican
Sen. Frist, William H. [R-TN]TN