S.2429: A bill to amend the Internal Revenue Code of 1986 to allow an above-the-line deduction from certain expenses in connection with the determination, collection, or refund of any tax.

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about taxation
  • Introduced April 30, 2002
  • Latest Major Action April 30, 2002

Bill Summary

Amends the Internal Revenue Code to permit a deduction from adjusted gross income of up to $500, whether a taxpayer itemizes or not, for certain expenses in connection with the determination, collection, or refund of any tax.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
April 30, 2002

Introduced in the Senate by Tim Hutchinson (R-Ark.)

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