To amend the Internal Revenue Code of 1986 is amended to allow a deduction for investment advisory expenses of certain funeral and cemetery trusts during suspension of miscellaneous itemized deductions.

Summary

This bill allows a tax deduction for the investment advisory expenses of certain funeral trusts and cemetery perpetual care funds during the period in which the allowance of miscellaneous itemized deductions is suspended (i.e., 2018 through 2025).

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

Timeline

1. 1 July 2021

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 1 July 2021

   Introduced

   Introduced in House

   Source: IntroReferral

3. 1 July 2021

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 1 July 2021 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 1 July 2021

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 1 July 2021

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 1 July 2021

  Open at official source

Sponsors

• Linda Sánchez · D · Sponsor
• A. Ferguson · R · Sponsor
• · hswm00 · Standing

Related records

• related to ← To amend the Internal Revenue Code of 1986 to allow a deduction for investment advisory expenses of certain funeral and cemetery trusts during suspension of miscellaneous itemized deductions, and for other purposes.
• related to ← To amend the Internal Revenue Code of 1986 is amended to allow a deduction for investment advisory expenses of certain funeral and cemetery trusts during suspension of miscellaneous itemized deductions.