H.R.7395 - Educators Expense Deduction Modernization Act of 2022 was cosponsored by Colin Allred, Karen Bass, Suzanne Bonamici, Shontel Brown, Andre Carson, Sean Casten, Sheila Cherfilus-Mccormick, Jahana Hayes, James Langevin, Eleanor Norton, Jimmy Panetta, Katie Porter, Jamie Raskin, Darren Soto, Thomas Suozzi, Bennie Thompson, Juan Vargas and Frederica Wilson.
It was referred to the Ways and Means committee.
This bill increases the tax deduction for the expenses of eligible educators from $250 to $1,000, An eligible educator is, with respect to any taxable year, an individual who is a kindergarten through grade 12 teacher, instructor, counselor, principal, or aide in a school for at least 900 hours during a school year.
117th CONGRESS 2d Session |
To amend the Internal Revenue Code of 1986 to increase the deduction for certain expenses of elementary and secondary school teachers.
April 5, 2022
Mr. Brown of Maryland (for himself, Mr. Allred, Ms. Bass, Ms. Bonamici, Ms. Brown of Ohio, Mr. Carson, Mr. Casten, Mrs. Cherfilus-McCormick, Mrs. Hayes, Mr. Langevin, Ms. Norton, Mr. Panetta, Ms. Porter, Mr. Raskin, Mr. Soto, Mr. Suozzi, Mr. Thompson of Mississippi, Mr. Vargas, and Ms. Wilson of Florida) introduced the following bill; which was referred to the Committee on Ways and Means
To amend the Internal Revenue Code of 1986 to increase the deduction for certain expenses of elementary and secondary school teachers.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
This Act may be cited as the “Educators Expense Deduction Modernization Act of 2022”.
SEC. 2. Increase in deduction for certain expenses of eligible educators.
(a) In general.—Section 62(a)(2)(D) of the Internal Revenue Code of 1986 is amended—
(1) in the heading, by striking “elementary and secondary school teachers” and inserting “eligible educators”, and
(2) by striking “$250” and inserting “$1,000”.
(b) Conforming amendments.—Section 62(d)(3) of such Code is amended—
(1) by striking “2015” and inserting “2022”,
(2) by striking “250” and inserting “1,000”, and
(3) by striking “calendar year 2014” and inserting “calendar year 2021”.
(c) Effective date.—The amendments made by this section shall apply with respect to taxable years beginning after December 31, 2021.
You can read the bill here.
