Politiparty
Politiparty

118th Congress Taxation

H.R. 9465: Seniors in the Workforce Tax Relief Act

Introduced

  1. Introduced (completed)Sep 6, 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, Sep 6, 2024

This bill allows an above-the-line tax deduction through 2028 for individual taxpayers who have attained age 65 at the end of the taxable year. The deduction is equal to $25,000 reduced by a percentage of the taxpayer's adjusted gross income.

Written by the Congressional Research Service, Library of Congress.

Roll calls

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Amendments

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Other bills by Don Bacon

History

  1. Sep 6, 2024Introduced in the House by Don Bacon.
Show the full action history (2 actions)
  1. Sep 6, 2024Introduced in House
  2. Sep 6, 2024Referred to the House Committee on Ways and Means.