< Back to S. 127 (113th Congress, 2013–2015)

Text of A bill to provide a permanent deduction for State and local general sales taxes.

This bill was introduced on January 24, 2013, in a previous session of Congress, but was not enacted. The text of the bill below is as of Jan 24, 2013 (Introduced).

II

113th CONGRESS

1st Session

S. 127

IN THE SENATE OF THE UNITED STATES

January 24 (legislative day, January 3), 2013

(for himself and Mr. Enzi) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To provide a permanent deduction for State and local general sales taxes.

1.

Permanent extension of deduction for State and local general sales taxes

(a)

In general

Subparagraph (I) of section 164(b)(5) of the Internal Revenue Code of 1986, as amended by section 205 of the American Taxpayer Relief Act of 2012, is amended by striking , and before January 1, 2014.

(b)

Effective date

The amendment made by this section shall apply to taxable years beginning after December 31, 2013.