HR 5860 · 109th Congress · Taxation

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

Introduced 2006-07-20· Sponsored by Rep. Paul, Ron [R-TX-14]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2006-07-20)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

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