HR 6703
118th Congress
House
Taxation
To amend the Internal Revenue Code of 1986 to allow a nonrefundable credit for certain organized sport equipment expenses.
Introduced: December 11, 2023
Introduced by:
Lawler, Michael
Republican
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 11, 2023
Referred to the House Committee on Ways and Means.
Dec 11, 2023
Introduced in House
Plain-English summary
This bill allows a new income-based tax credit for qualified organized sport equipment expenses, up to $200 for a taxable year.
The bill defines qualified organized sport equipment expenses as expenses for the participation of a taxpayer dependent in an organized sport, game, or hobby program that is primarily for unrelated individuals who have not attained age 19 to engage in such sport, game, or hobby.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1