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H.R. 6703

BillFederalHouseIn Committee
To amend the Internal Revenue Code of 1986 to allow a nonrefundable credit for certain organized sport equipment expenses.
About This Bill
Committee
Latest Action · December 11, 2023
Referred to the House Committee on Ways and Means.
Congress
118th (2023–2025)
Introduced
December 11, 2023
Cosponsors (0)
None
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Summary

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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.

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