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S 126 114th Congress Senate Taxation Income tax deductions Sales and excise taxes State and local taxation

A bill to provide a permanent deduction for State and local general sales taxes.

Introduced: January 8, 2015 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 8, 2015
Read twice and referred to the Committee on Finance.
Jan 8, 2015
Introduced in Senate
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to make permanent the taxpayer election to deduct state and local general sales taxes in lieu of state and local income taxes.

What's happening now January 8, 2015

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1