[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[S. 1268 Introduced in Senate (IS)]

111th CONGRESS
  1st Session
                                S. 1268

 To amend the Internal Revenue Code of 1986 to permanently extend and 
 expand the additional standard deduction for real property taxes for 
                             nonitemizers.


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                   IN THE SENATE OF THE UNITED STATES

                             June 16, 2009

Mr. Bayh (for himself, Mr. Martinez, Mr. Schumer, Mrs. Gillibrand, Ms. 
Stabenow, and Mr. Lautenberg) introduced the following bill; which was 
          read twice and referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to permanently extend and 
 expand the additional standard deduction for real property taxes for 
                             nonitemizers.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Homeowner Tax Fairness Act of 
2009''.

SEC. 2. PERMANENT EXTENSION AND EXPANSION OF ADDITIONAL STANDARD 
              DEDUCTION FOR REAL PROPERTY TAXES FOR NONITEMIZERS.

    (a) Permanent Extension.--Subparagraph (C) of section 63(c)(1) of 
the Internal Revenue Code of 1986 (relating to standard deduction) is 
amended by striking ``in the case of any taxable year beginning in 2008 
or 2009,''.
    (b) Removal of Dollar Limitation.--Paragraph (7) of section 63(c) 
of the Internal Revenue Code of 1986 is amended to read as follows:
            ``(7) Real property tax deduction.--For purposes of 
        paragraph (1), the real property tax deduction is equal to the 
        amount allowable as a deduction under this chapter for State 
        and local taxes described in section 164(a)(1). Any taxes taken 
        into account under section 62(a) shall not be taken into 
        account under this paragraph.''.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2008.
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