3.0.0 5802 2024-07-24T15:20:16Z 2024-07-24T15:20:16Z House H HR 2023-09-28 118 [Congressional Record Volume 169, Number 158 (Thursday, September 28, 2023)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. GROTHMAN:H.R. 5802.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8.The single subject of this legislation is:Reinstating the employee business expense deduction taxprovision.[Page H4856]]]> hswm00 Ways and Means Committee House Standing Referred to 2023-09-28T13:02:05Z 2023-09-28 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2023-09-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-09-28 Introduced in House IntroReferral 1000 9 Library of Congress G000576 Rep. Grothman, Glenn [R-WI-6] Glenn Grothman R WI 6 N B001302 Rep. Biggs, Andy [R-AZ-5] Andy Biggs R AZ 5 2023-09-28 True G000061 Rep. Garcia, Mike [R-CA-27] Mike Garcia R CA 27 2023-09-28 True S001222 Rep. Santos, George [R-NY-3] George Santos R NY 3 2023-09-28 True H001052 Rep. Harris, Andy [R-MD-1] Andy Harris R MD 1 2023-09-28 True Taxation Taxation 2023-10-10T15:45:15Z 00 2023-09-28 Introduced in House 2023-10-12T14:10:09Z Employee Business Expense Deduction Reinstatement Act of 2023

This bill reinstates the tax deduction for the itemized miscellaneous expenses of employees performing services in a trade or busines (the deduction is currently suspended for the period beginning in 2018 through 2025). The amount the an employee may take into account in computing the deduction is 85% of unreimbursed food, lodging, travel, or transportation expenses.

The bill also lowers the threshold for the deduction to the extent its aggregate amount exceeds 1% (2% under current law).

]]> Employee Business Expense Deduction Reinstatement Act of 2023 Display Title 45 Employee Business Expense Deduction Reinstatement Act of 2023 2024-07-24T15:20:16Z Short Title(s) as Introduced 101 Employee Business Expense Deduction Reinstatement Act of 2023 2024-05-24T13:36:06Z Introduced in House IH Official Title as Introduced 6 To amend the Internal Revenue Code of 1986 to allow unreimbursed employee expenses to be taken into account as miscellaneous itemized deductions. 2024-03-18T21:31:24Z Introduced in House IH Introduced in House 2023-09-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr5802ih/xml/BILLS-118hr5802ih.xml 2023-09-28 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.