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H.R.549
Title: To amend the Internal Revenue Code of 1986 to increase, extend, and make permanent the above-the-line deduction for certain expenses of elementary and secondary school teachers.
Sponsor: Rep Camp, Dave [MI-4] (introduced 1/18/2007) Cosponsors (141)
Related Bills: H.R.3595, H.R.3605, H.R.3983, H.R.4078, S.505, S.1727
Latest Major Action: 1/18/2007 Referred to House committee. Status: Referred to the House Committee on Ways and Means.
SUMMARY AS OF:
1/18/2007--Introduced.
Teacher Tax Relief Act of 2007 - Amends the Internal Revenue Code to: (1) increase the allowable tax deduction for the expenses of elementary and secondary school teachers to $400; (2) allow the deduction of professional development expenses; and (3) make such deduction permanent.