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    <number>4333</number>
    <updateDate>2022-12-31T05:08:01Z</updateDate>
    <updateDateIncludingText>2022-12-31T05:08:01Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2021-07-01</introducedDate>
    <congress>117</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 167, Number 115 (Thursday, July 1, 2021)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Ms. SANCHEZ:H.R. 4333.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H3602]</pre>]]></constitutionalAuthorityStatementText>
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      <item>
        <title>To amend the Internal Revenue Code of 1986 to allow a deduction for investment advisory expenses of certain funeral and cemetery trusts during suspension of miscellaneous itemized deductions, and for other purposes.</title>
        <congress>117</congress>
        <number>8020</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2022-06-09</actionDate>
          <text>Referred to the House Committee on Ways and Means.</text>
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        <actionDate>2021-07-01</actionDate>
        <text>Referred to the House Committee on Ways and Means.</text>
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        <bioguideId>S001156</bioguideId>
        <fullName>Rep. Sánchez, Linda T. [D-CA-38]</fullName>
        <firstName>Linda</firstName>
        <lastName>Sánchez</lastName>
        <party>D</party>
        <state>CA</state>
        <middleName>T.</middleName>
        <district>38</district>
        <isByRequest>N</isByRequest>
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    </sponsors>
    <cosponsors>
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        <bioguideId>F000465</bioguideId>
        <fullName>Rep. Ferguson, A. Drew, IV [R-GA-3]</fullName>
        <firstName>A.</firstName>
        <lastName>Ferguson</lastName>
        <party>R</party>
        <state>GA</state>
        <middleName>Drew</middleName>
        <district>3</district>
        <sponsorshipDate>2021-07-01</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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    <policyArea>
      <name>Taxation</name>
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    <subjects>
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          <name>Cemeteries and funerals</name>
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          <name>Financial services and investments</name>
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        <item>
          <name>Income tax deductions</name>
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      <policyArea>
        <name>Taxation</name>
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    <summaries>
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        <actionDate>2021-07-01</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2021-08-31T13:45:44Z</updateDate>
        <text><![CDATA[ <p>This bill 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).</p>]]></text>
      </summary>
    </summaries>
    <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.</title>
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        <titleType>Official Title as Introduced</titleType>
        <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.</title>
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        <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.</title>
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        <date>2021-07-01T04:00:00Z</date>
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    <latestAction>
      <actionDate>2021-07-01</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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