A bill to amend the Internal Revenue Code of 1986 to increase the income limitations for qualified performing artists eligible for an above-the-line deduction for performance expenses.

3.0.0 3120 2019-11-15T21:57:54Z 2019-11-15T21:57:54Z Senate S S 2008-06-12 110 ssfi00 Finance Committee Senate Standing Referred to 2008-06-12T18:19:23Z 2008-06-12 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2008-06-12 Introduced in Senate IntroReferral 10000 9 Library of Congress S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. N F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2008-06-12 True Taxation Arts, Culture, Religion Cost of living adjustments Economics and Public Finance Entertainers Income tax Indexing (Economic policy) Performing arts Tax deductions Taxation

00 2008-06-12 Introduced in Senate 2008-06-24T18:56:09Z Amends the Internal Revenue Code to increase from $16,000 to $30,000 the adjusted gross income limitation applicable to qualified performing artists who are eligible to deduct their performance expenses from gross income (above-the-line tax deduction). Provides for an inflation adjustment to such increased income limitation beginning in 2009.

]]>

A bill to amend the Internal Revenue Code of 1986 to increase the income limitations for qualified performing artists eligible for an above-the-line deduction for performance expenses. Display Title A bill to amend the Internal Revenue Code of 1986 to increase the income limitations for qualified performing artists eligible for an above-the-line deduction for performance expenses. Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to increase the income limitations for qualified performing artists eligible for an above-the-line deduction for performance expenses. Introduced in Senate 2008-06-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s3120is/xml/BILLS-110s3120is.xml 2008-06-12 Read twice and referred to the Committee on Finance. 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.