Educators Expense Deduction Modernization Act of 2022

12/29/2022, 11:48 PM

Educators Expense Deduction Modernization Act of 2022

This bill increases the tax deduction for the expenses of eligible educators from $250 to $1,000, An eligible educator is, with respect to any taxable year, an individual who is a kindergarten through grade 12 teacher, instructor, counselor, principal, or aide in a school for at least 900 hours during a school year.

Congress
117

Number
S - 3992

Introduced on
2022-04-05

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

4/5/2022

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Educators Expense Deduction Modernization Act of 2022

This bill increases the tax deduction for the expenses of eligible educators from $250 to $1,000, An eligible educator is, with respect to any taxable year, an individual who is a kindergarten through grade 12 teacher, instructor, counselor, principal, or aide in a school for at least 900 hours during a school year.

Alternative Names
Official Title as IntroducedA bill to amend the Internal Revenue Code of 1986 to increase the deduction for certain expenses of elementary and secondary school teachers.

Policy Areas
Taxation

Comments

Recent Activity

Latest Summary4/11/2022

Educators Expense Deduction Modernization Act of 2022

This bill increases the tax deduction for the expenses of eligible educators from $250 to $1,000, An eligible educator is, with respect to any taxable year, an...


Latest Action4/5/2022
Read twice and referred to the Committee on Finance.