Educator Tax Relief Act of 2015

House Bill 2940 - Educator Tax Relief Act of 2015: Overview, Status, and Impact

Hozzl · 2023-01-11T13:29:43Z

Explore the details of House Bill 2940 Educator Tax Relief Act of 2015 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

1/11/2023, 1:29 PM

Congressional Summary of HR 2940

Educator Tax Relief Act of 2015

(Sec. 2) This bill amends the Internal Revenue Code, with respect to the tax deduction for the expenses of elementary and secondary school teachers, to: (1) allow an inflation adjustment to the amount of such deduction for taxable years beginning after 2014, (2) allow the deduction of professional development expenses, and (3) make such deduction permanent. The bill applies to taxable years beginning after 2014.

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Current Status of Bill HR 2940

Bill HR 2940 is currently in the status of Bill Introduced since June 25, 2015. Bill HR 2940 was introduced during Congress 114 and was introduced to the House on June 25, 2015. Bill HR 2940's most recent activity was Placed on the Union Calendar, Calendar No. 236. as of October 23, 2015

Bipartisan Support of Bill HR 2940

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 2940

Primary Policy Focus

Taxation

Potential Impact Areas

- Elementary and secondary education

- Higher education

- Income tax deductions

- Inflation and prices

- Teaching, teachers, curricula

Alternate Title(s) of Bill HR 2940

Educator Tax Relief Act of 2015

To amend the Internal Revenue Code of 1986 to improve and make permanent the above-the-line deduction for certain expenses of elementary and secondary school teachers.

Educator Tax Relief Act of 2015