118 HR 9256 IH: To amend the Internal Revenue Code of 1986 to increase and adjust for inflation the above-the-line deduction for teachers. U.S. House of Representatives 2024-08-02 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I118th CONGRESS2d SessionH. R. 9256IN THE HOUSE OF REPRESENTATIVESAugust 2, 2024Mr. Griffith introduced the following bill; which was referred to the Committee on Ways and MeansA BILLTo 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 $1000.(b)

Conforming amendments

Section 62(d)(3) of the Internal Revenue Code of 1986 is amended—(1)by striking 2015 and inserting 2024, (2)by striking $250 and inserting $1000, and(3)by striking calendar year 2014 and inserting calendar year 2023. (c)

Effective date

The amendments made by this section shall apply with respect to taxable years beginning after December 31, 2023.