US HB6856 | 2019-2020 | 116th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on May 13 2020 - 25% progression, died in committee
Action: 2020-05-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 13 2020 - 25% progression, died in committee
Action: 2020-05-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows a tax deduction for the investment advisory expenses of certain funeral trusts and cemetery perpetual care funds during the period in which the allowance of miscellaneous itemized deductions is suspended (i.e., 2018 through 2025).
Title
To amend the Internal Revenue Code of 1986 is amended to allow a deduction for investment advisory expenses of certain funeral and cemetery trusts during suspension of miscellaneous itemized deductions.
Sponsors
| Rep. Linda Sanchez [D-CA] | Rep. Drew Ferguson [R-GA] | Rep. Grace Napolitano [D-CA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-05-13 | House | Referred to the House Committee on Ways and Means. |
| 2020-05-13 | House | Introduced in House |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/6856/all-info |
| Text | https://www.congress.gov/116/bills/hr6856/BILLS-116hr6856ih.pdf |
