- Not enactedThe President has not signed this bill
- The house has not voted
- The senate has not voted
Committee on FinanceIntroducedApril 19th, 2018
- senate Committees
Until the passage of the Tax Cuts and Jobs Act (colloquially referred to as “the GOP tax bill”), union dues and unreimbursed job expenses were tax-deductible for itemized filers. This bill merely restores this part of the tax code to its previous state.
The Tax Cuts and Jobs Act doubled the standard deduction which made smaller deductions like this less useful because itemizing became unnecessary for many taxpayers. Additionally, adding another deduction to the tax code means forgoing that money in future tax revenues.