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.
Active· Referred to the House Committee on Ways and Means.
Introduced
Jul 1, 21
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending
Introduced
Jul 1, 21
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending
Executive 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).
Action Timeline
3
JUL 01, 2021•IntroReferral
Introduced in House
JUL 01, 2021•IntroReferral
Introduced in House
JUL 01, 2021•IntroReferral
Referred to the House Committee on Ways and Means.