Politiparty
Politiparty

118th Congress Taxation

H.R. 8710: To amend the Internal Revenue Code of 1986 to allow a deduction for amounts contributed to a 529 plan.

Introduced

  1. Introduced (completed)Jun 12, 2024
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Jun 12, 2024

This bill allows a tax deduction for contributions to a qualified tuition program (known as 529 plans) up to $10,000 in a taxable year. Taxpayers whose adjusted gross income exceeds $200,000 in a taxable year are not eligible for the deduction.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

1

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Josh Gottheimer D-NJ SponsorDrew cross-party cosponsors, introduced2 events+6
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Josh Gottheimer

History

  1. Jun 12, 2024Introduced in the House by Josh Gottheimer.
Show the full action history (2 actions)
  1. Jun 12, 2024Introduced in House
  2. Jun 12, 2024Referred to the House Committee on Ways and Means.