HR.7550 · 119TH CONGRESS

Permanent Tax Relief for Seniors Act

Status
In Committee
Latest Action
2026-02-12
Sponsor
Official Source
Investability
0/100
Stage
COMMITTEE
Related Bills
0
Full Text
1,032 chars
Alive
Yes

What This Bill Does · Plain English

Summary
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Action Timeline

2026-02-12
Referred to the House Committee on Ways and Means.
2026-02-12
Introduced in House
2026-02-12
Introduced in House

Full Bill Text

119 HR 7550 IH: Permanent Tax Relief for Seniors Act U.S. House of Representatives 2026-02-12 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. I 119th CONGRESS 2d Session H. R. 7550 IN THE HOUSE OF REPRESENTATIVES February 12, 2026 Mrs. Miller-Meeks (for herself, Mrs. Luna , and Mr. Bilirakis ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to make permanent the deduction for seniors, and for other purposes. 1. Short title This Act may be cited as the Permanent Tax Relief for Seniors Act . 2. Deduction for seniors made permanent (a) In general Section 151(d)(5)(C)(i) of the Internal Revenue Code of 1986 is amended by striking In the case of a taxable year beginning before January 1, 2029, there and inserting There . (b) Effective date The amendment made by this section shall apply to taxable years beginning after December 31, 2026.
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Bill text sourced from GovInfo.gov · public domain · last updated recently. Plain-English summary, score breakdown, and trading-intelligence panels are GovGreed-original analysis derived from STOCK Act filings, SEC Form 4 disclosures, FEC contributions, and Senate LDA lobbying reports — all publicly filed federal records. GovGreed is not affiliated with the U.S. Government. Not financial advice.