3.0.0 6122 2023-01-12T17:52:18Z 2023-01-12T17:52:18Z House H HR 2006-09-20 109 hswm00 Ways and Means Committee House Standing Referred to 2006-09-20T14:01:20Z 109 3738 S 2006-07-26 Read twice and referred to the Committee on Finance. Related bill CRS 2006-09-20 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2006-09-20 Introduced in House IntroReferral Intro-H 9 Library of Congress 2006-09-20 Introduced in House IntroReferral 1000 9 Library of Congress H001032 Rep. Holt, Rush [D-NJ-12] RUSH HOLT D NJ D. 12 N B000944 Rep. Brown, Sherrod [D-OH-13] Sherrod Brown D OH 13 2006-09-27 False D000114 Rep. Davis, Jim [D-FL-11] JIM DAVIS D FL 11 2006-09-29 False R000462 Rep. Rothman, Steven R. [D-NJ-9] STEVEN ROTHMAN D NJ R. 9 2006-11-14 False J000032 Rep. Jackson-Lee, Sheila [D-TX-18] SHEILA JACKSON-LEE D TX 18 2006-11-14 False Taxation Income tax Property tax Tax deductions Tax evasion Tax penalties Tax returns Tax shelters Taxation of foreign income Taxation

00 2006-09-20 Introduced in House 2006-10-04T15:25:35Z Nonitemizer Real Property Tax Deduction Act of 2006 - Amends the Internal Revenue Code to: (1) increase the standard tax deduction for taxpayers who do not itemize tax deductions by $500 ($1,000 for joint returns) of the real property taxes paid or accrued by such taxpayers in a taxable year; (2) define economic substance for purposes of evaluating tax shelter transactions; and (3) impose a penalty for understatements of tax liability resulting from transactions lacking economic substance.

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Display Title Official Title as Introduced Introduced in House IH Short Titles as Introduced Introduced in House 2006-09-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr6122ih/xml/BILLS-109hr6122ih.xml 2006-09-20 Referred to the House Committee on Ways and Means. 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. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.