HR 5507
114th Congress
House
Taxation
Drug trafficking and controlled substances
Drug, alcohol, tobacco use
Income tax deductions
Tax administration and collection, taxpayers
Top 1% Accountability Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 16, 2016
Referred to the House Committee on Ways and Means.
Jun 16, 2016
Introduced in House
Plain-English summary
Top 1% Accountability Act
This bill amends the Internal Revenue Code to prohibit an individual from itemizing deductions for a year if: (1) the sum of the taxpayer's itemized deductions equals or exceeds $150,000, and (2) the taxpayer (and the taxpayer's spouse for a joint return) fails to submit proof of a clean drug test with the return. The drug test must show that the taxpayer (and the taxpayer's spouse for a joint return) did not test positive for any controlled substance.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1