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Performing Artist Tax Parity Act of 2021

USA117th CongressS-2872| Senate 
| Updated: 9/28/2021
Mark R. Warner

Mark R. Warner

Democratic Senator

Virginia

Cosponsors (18)
Margaret Wood Hassan (Democratic)Dianne Feinstein (Democratic)Catherine Cortez Masto (Democratic)Richard J. Durbin (Democratic)Kirsten E. Gillibrand (Democratic)Ben Ray Luján (Democratic)Alex Padilla (Democratic)Amy Klobuchar (Democratic)John W. Hickenlooper (Democratic)Jacky Rosen (Democratic)Christopher Murphy (Democratic)Bill Hagerty (Republican)Martin Heinrich (Democratic)Michael F. Bennet (Democratic)Sherrod Brown (Democratic)Brian Schatz (Democratic)Robert Menendez (Democratic)Gary C. Peters (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Performing Artist Tax Parity Act of 2021 This bill modifies the tax deduction for the expenses of performing artists (including commissions paid to managers or agents) to provide for a phaseout of such deduction for taxpayers whose adjusted gross income exceeds $100,000 ($200,000 for joint return filers). The $100,000 phaseout threshold is adjusted for inflation annually for taxable years beginning after 2021.
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Timeline
Jul 28, 2021

Latest Companion Bill Action

HR 117-4750
Introduced in House
Sep 28, 2021
Introduced in Senate
Sep 28, 2021
Read twice and referred to the Committee on Finance.
  • July 28, 2021

    Latest Companion Bill Action

    HR 117-4750
    Introduced in House


  • September 28, 2021
    Introduced in Senate


  • September 28, 2021
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • HR 117-4750: Performing Artist Tax Parity Act of 2021

Performing Artist Tax Parity Act of 2021

USA117th CongressS-2872| Senate 
| Updated: 9/28/2021
Performing Artist Tax Parity Act of 2021 This bill modifies the tax deduction for the expenses of performing artists (including commissions paid to managers or agents) to provide for a phaseout of such deduction for taxpayers whose adjusted gross income exceeds $100,000 ($200,000 for joint return filers). The $100,000 phaseout threshold is adjusted for inflation annually for taxable years beginning after 2021.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 28, 2021

Latest Companion Bill Action

HR 117-4750
Introduced in House
Sep 28, 2021
Introduced in Senate
Sep 28, 2021
Read twice and referred to the Committee on Finance.
  • July 28, 2021

    Latest Companion Bill Action

    HR 117-4750
    Introduced in House


  • September 28, 2021
    Introduced in Senate


  • September 28, 2021
    Read twice and referred to the Committee on Finance.
Mark R. Warner

Mark R. Warner

Democratic Senator

Virginia

Cosponsors (18)
Margaret Wood Hassan (Democratic)Dianne Feinstein (Democratic)Catherine Cortez Masto (Democratic)Richard J. Durbin (Democratic)Kirsten E. Gillibrand (Democratic)Ben Ray Luján (Democratic)Alex Padilla (Democratic)Amy Klobuchar (Democratic)John W. Hickenlooper (Democratic)Jacky Rosen (Democratic)Christopher Murphy (Democratic)Bill Hagerty (Republican)Martin Heinrich (Democratic)Michael F. Bennet (Democratic)Sherrod Brown (Democratic)Brian Schatz (Democratic)Robert Menendez (Democratic)Gary C. Peters (Democratic)

Finance Committee

Taxation

Related Bills

  • HR 117-4750: Performing Artist Tax Parity Act of 2021
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted