HR 3121
116th Congress
House
Taxation
Business expenses
Income tax deductions
Performing arts
Performing Artist Tax Parity Act of 2019
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 5, 2019
Referred to the House Committee on Ways and Means.
Jun 5, 2019
Introduced in House
Plain-English summary
Performing Artist Tax Parity Act of 2019
This bill amends the Internal Revenue Code, with respect to the above-the-line deduction of expenses of performing artist employees, to increase to $100,000 ($200,000 for joint returns) the adjusted gross income limitation for calculating the phaseout of the deduction. The increased amount is adjusted for inflation for taxable years beginning after 2019.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1