HR 2825 · 99th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to provide that certain State and local taxes may be deducted by individuals only to the extent they exceed 1 percent of adjusted gross income.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1985-06-20)
Plain Language Summary
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Amends the Internal Revenue Code to limit an individual's deduction for State and local taxes to that amount of the taxes which exceeds one percent of the adjusted gross income of the taxpayer.…
Summarized by Claude AI · Non-partisan · For informational purposes only