HOUSE 559119th CongressReferred to the Committee on Foreign Affairs, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Recognizing the urgent need for peace, stability, and reconciliation in the Democratic Republic of the Congo (DRC) and supporting diplomatic, economic, and humanitarian efforts to achieve lasting peace in the region.

Last Action: 6/27/2025

Actions

2025-01-20Referred to the House Committee on Ways and Means.
2025-01-20Introduced in House
2025-01-20Introduced in House

CRS Summary

As of 2025-01-20 (00)

Seniors in the Workforce Tax Relief Act

This bill establishes a new above-the-line federal tax deduction through 2029 for individuals who attain the age of 65 before the end of the tax year. (Above-the-line deductions are subtracted from gross income to calculate adjusted gross income.)

Under the bill, the amount of the tax deduction is $25,000 for individuals (or $50,000 for joint filers and surviving spouses) and begins to phase out for individuals with an adjusted gross income over $100,000 (or $200,000 for joint filers and surviving spouses).

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