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119th CONGRESS
1st Session |
To amend the Internal Revenue Code of 1986 to increase and adjust for inflation the above-the-line deduction for teachers.
Mr. Griffith introduced the following bill; which was referred to the Committee on Ways and Means
To amend the Internal Revenue Code of 1986 to increase and adjust for inflation the above-the-line deduction for teachers.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Increase in deduction for certain expenses of elementary and secondary school teachers.
(a) In general.—Section 62(a)(2)(D) of the Internal Revenue Code of 1986 is amended by striking “$250” and inserting “$1000”.
(b) Conforming amendments.—Section 62(d)(3) of the Internal Revenue Code of 1986 is amended—
(1) by striking “2015” and inserting “2025”,
(2) by striking “$250” and inserting “$1000”, and
(3) by striking “calendar year 2014” and inserting “calendar year 2024”.
(c) Effective date.—The amendments made by this section shall apply with respect to taxable years beginning after December 31, 2024.