HR 4333 · 117th Congress

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.

<p>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).</p>

Sponsor

Sánchez, Linda T. (D-CA)

Introduced

2021-07-01

Policy area

Taxation

Latest action

Referred to the House Committee on Ways and Means.