HR 4333
117th Congress
House
Taxation
Cemeteries and funerals
Financial services and investments
Income tax deductions
To amend the Internal Revenue Code of 1986 is amended to allow a deduction for investment advisory expenses of certain funeral and cemetery trusts during suspension of miscellaneous itemized deductions.
Introduced: July 1, 2021
Introduced by:
Sánchez, Linda T.
Democratic
· California
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 1, 2021
Referred to the House Committee on Ways and Means.
Jul 1, 2021
Introduced in House
Plain-English summary
This bill allows a tax deduction for the investment advisory expenses of certain funeral trusts and cemetery perpetual care funds during the period in which the allowance of miscellaneous itemized deductions is suspended (i.e., 2018 through 2025).
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1