HOUSE 4333117th CongressReferred to the House Committee on Ways and Means.

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.

Last Action: 7/1/2021

Actions

2021-07-01Referred to the House Committee on Ways and Means.
2021-07-01Introduced in House
2021-07-01Introduced in House

CRS Summary

As of 2021-07-01 (00)

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).

Subjects

Cemeteries and funerals
Financial services and investments
Income tax deductions

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