To amend the Internal Revenue Code of 1986 to allow a deduction for State and local general sales taxes and to compensate for the resulting revenue loss by providing that only 89 percent of the amount of all State and local taxes shall be allowed as a deduction.

referredUnited States· United States Congress· EN

Introduced

7 October 1994

Last action

—

Status

Referred to the House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to allow an itemized deduction for 89 percent of State and local general sales taxes.

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3 official files

Introduced in House (text)

Introduced in House (text)
Introduced in House · EN · 7 October 1994
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Introduced in House (PDF)
Introduced in House · EN · 7 October 1994
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Introduced in House
summary · EN · 7 October 1994
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