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United States · Bill · HR

H.R. 3942 (105th)

To provide that for taxable years beginning before 1980 the Federal income tax deductibility of flight training expenses shall be determined without regard to whether such expenses were reimbursed through certain veterans educational assistance allowances.

referredUnited States· United States Congress· EN

Introduced

21 May 1998

Last action

21 May 1998 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Tauscher, Ellen O. [D-CA-10], Rep. Lofgren, Zoe [D-CA-18], Rep. Frost, Martin [D-TX-24], Rep. Fazio, Vic [D-CA-3], Rep. Kennedy, Patrick J. [D-RI-1], Rep. Torres, Esteban Edward [D-CA-34], Rep. Bilbray, Brian P. [R-CA-50], Rescom. Romero-Barcelo, Carlos A. [D-PR-At Large], Rep. Dixon, Julian C. [D-CA-32], Rep. Martinez, Matthew G. [D-CA-31], Rep. Brown, George E., Jr. [D-CA-42], Rep. Green, Gene [D-TX-29], Rep. Dooley, Calvin M. [D-CA-20], Rep. Bono, Mary [R-CA-44], Rep. Dreier, David [R-CA-26], Rep. Traficant, James A., Jr. [D-OH-17], Rep. McKeon, Howard P. "Buck" [R-CA-25], Rep. Towns, Edolphus [D-NY-10], Rep. Sessions, Pete [R-TX-17], Rep. Hall, Tony P. [D-OH-3], Sen. Blunt, Roy [R-MO]

Subjects

Taxation

Source updated

2 January 2025

Taxation

Summary

States that in the case of a taxable year beginning before January 1, 1980, the determination of whether a tax deduction as a trade or business expense is allowable under the Internal Revenue Code for flight training expenses shall be made without regard to whether the taxpayer was reimbursed for any portion of such expenses through certain veterans educational assistance programs. Sets forth statute of limitations provisions.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 21 May 1998

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 21 May 1998

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 21 May 1998

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 21 May 1998

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 21 May 1998

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 21 May 1998

    Open at official source

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Sponsors

Related records

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Sources

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