Ask AI
H.R. 6703

To amend the Internal Revenue Code of 1986 to allow a nonrefundable credit for certain organized sport equipment expenses.

This bill allows a new income-based tax credit for qualified organized sport equipment expenses, up to $200 for a taxable year.

The bill defines qualified organized sport equipment expenses as expenses for the participation of a taxpayer dependent in an organized sport, game, or hobby program that is primarily for unrelated individuals who have not attained age 19 to engage in such sport, game, or hobby.

Referred to the House Committee on Ways and Means.

Rep. Lawler, Michael [R-NY-17](R-NY)Sponsor
1committees3actions
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

To amend the Internal Revenue Code of 1986 to allow a nonrefundable credit for certain org… — Informed