legislation: 109-hr-6122
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
This data as json
| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 109-hr-6122 | 109 | hr | 6122 | Nonitemizer Real Property Tax Deduction Act of 2006 | Taxation | 2006-09-20 | 2006-09-20 | Referred to the House Committee on Ways and Means. | House | Rep. Holt, Rush [D-NJ-12] | NJ | D | H001032 | 4 | Nonitemizer Real Property Tax Deduction Act of 2006 - Amends the Internal Revenue Code to: (1) increase the standard tax deduction for taxpayers who do not itemize tax deductions by $500 ($1,000 for joint returns) of the real property taxes paid or accrued by such taxpayers in a taxable year; (2) define economic substance for purposes of evaluating tax shelter transactions; and (3) impose a penalty for understatements of tax liability resulting from transactions lacking economic substance. | 2023-01-12T17:52:18Z |