0
0

Tax Relief for Middle Class Families Act of 2023

1/18/2024, 11:11 AM

Congressional Summary of HR 680

Tax Relief for Middle Class Families Act of 2023

This bill increases from $10,000 to $100,000 the maximum amount of the tax deduction for state and local taxes in taxable years 2018 through 2025.

Current Status of Bill HR 680

Bill HR 680 is currently in the status of Bill Introduced since January 31, 2023. Bill HR 680 was introduced during Congress 118 and was introduced to the House on January 31, 2023.  Bill HR 680's most recent activity was Referred to the House Committee on Ways and Means. as of January 31, 2023

Bipartisan Support of Bill HR 680

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
3
Democrat Cosponsors
2
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 680

Primary Policy Focus

Taxation

Potential Impact Areas

- House of Representatives
- Legislative rules and procedure
- Motor vehicles

Alternate Title(s) of Bill HR 680

Tax Relief for Middle Class Families Act of 2023
Tax Relief for Middle Class Families Act of 2023
To amend the Internal Revenue Code of 1986 to increase the limitation on the deduction for State and local taxes.

Comments