[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 22 Introduced in Senate (IS)]

112th CONGRESS
  1st Session
                                 S. 22

 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

             January 25 (legislative day, January 5), 2011

Mrs. Gillibrand introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

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                                 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 
2011''.

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 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, 2009.
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