HOUSE 6703118th CongressReferred to the House Committee on Ways and Means.
To amend the Internal Revenue Code of 1986 to allow a nonrefundable credit for certain organized sport equipment expenses.
- Last Action
- 12/11/2023
Actions
- 2023-12-11Referred to the House Committee on Ways and Means.
- 2023-12-11Introduced in House
- 2023-12-11Introduced in House
CRS Summary
As of 2023-12-11 (00)
This bill allows a new income-based tax credit for qualified organized sport equipment expenses, up to $200 for a taxable year.
The bill defines qualified organized sport equipment expenses as expenses for the participation of a taxpayer dependent in an organized sport, game, or hobby program that is primarily for unrelated individuals who have not attained age 19 to engage in such sport, game, or hobby.
Sourced from Congress.gov (public domain).
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