To amend the Internal Revenue Code of 1986 to increase and adjust for inflation the above-the-line deduction for teachers.

Bill: 118-hr-6701
Sponsor: full_name: Rep. Lawler, Michael [R-NY-17]
Introduced: 2023-12-11
Policy area: Taxation
Latest action: action_date: 2023-12-11
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2023-12-11
action_desc: Introduced in House
text: <p>This bill increases to $600 the allowable amount of the tax deduction for the expenses of elementary and secondary school teachers.&nbsp; &nbsp;</p>

tv_txt: I 118th CONGRESS 1st Session H. R. 6701 IN THE HOUSE OF REPRESENTATIVES December 11, 2023 Mr. Lawler introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to increase and adjust for inflation the above-the-line deduction for teachers.

1. Increase in deduction for certain expenses of elementary and secondary school teachers (a) In general Section 62(a)(2)(D) of the Internal Revenue Code of 1986 is amended by striking $250 and inserting $600 . (b) Conforming amendments Section 62(d)(3) of the Internal Revenue Code of 1986 is amended— (1) by striking 2015 and inserting 2023 , (2) by striking $250 and inserting $600 , and (3) by striking calendar year 2014 and inserting calendar year 2022 . (c) Effective date The amendments made by this section shall apply with respect to taxable years beginning after December 31, 2022.