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.
Sponsored By: Representative Sánchez, Linda T. [D-CA-38]
Unknown
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).
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Sánchez, Linda T. [D-CA-38]
CA • D
Cosponsors
Rep. Ferguson, A. Drew, IV [R-GA-3]
GA • R
Sponsored 5/13/2020
Rep. Napolitano, Grace F. [D-CA-31]
CA • D
Sponsored 8/4/2020
Roll Call Votes
No roll call votes available for this bill.
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