,i  #aaith ,,congress  #ast ,session    
,h4 ,r4 #gba  ,,in ,,the ,,house ,,of   
,,representatives  ,january #bd1        
#bjbe,mr4 ,buchanan 7for himself1 ,mr4  
,fitzpatrick1 ,ms4 ,malliotakis1 ,mr4   
,carey1 ,mr4 ,lawler1 ,ms4 ,chu1 ,ms4   
,snchez1 ,mr4 ,boyle of ,pennsylvania1  
,mr4 ,panetta1 ,mr4 ,horsford1 ,mr4     
,doggett1 ,mr4 ,davis of ,illinois1 ,mr4
 ,schneider1 and ,mr4 ,gomez7 introduced
 the following bill2 which was referred 
to the ,committee on ,ways and ,means   
,a ,,bill  ,to amend the ,internal      
,revenue ,code of #aihf to increase the 
adjusted gross income limitation for    
above-the-line deduction of expenses of 
performing artist employees1 and for    
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,performing    
,artist ,tax ,parity ,act of #bjbe4  #b4
 ,above-the-line deduction of expenses  
of performing artists  7a7 ,in general  
,section #fb7;a77#b77;,b7 of the        
,internal ,revenue ,code of #aihf is    
amended-- 7#a7 by striking performing   

artists4--,the deductions and inserting 
the following3 performing artists4-- 7i7
 ,in general ,the deductions  1 and     
7#b7 by adding at the end the following 
new clauses3  7ii7 ,phaseout ,the amount
 of expenses taken into account under   
clause 7i7 shall be reduced 7but not    
below zero7 by #aj percentage points for
 each #b1jjj 7#d1jjj in the case of a   
joint return71 or fraction thereof1 by  
which the taxpayer's gross income for   
the taxable year exceeds #ajj1jjj 7#bjj 
percent of such amount in the case of a 
joint return74  7iii7 ,cost-of-living   
adjustment ,in the case of any taxable  
year beginning in a calendar year after 
#bjbe1 the #ajj1jjj amount under clause 
7ii7 shall be increased by an amount    
equal to-- 7,i7 such dollar amount1     
multiplied by  7,,ii7 the cost-of-living
 adjustment determined under section    
#a7;f77#c7 for the calendar year in     
which the taxable year begins1          
determined by substituting calendar year
 #bjbd for calendar year #bjaf in       

subparagraph 7,a77ii7 thereof4  ,if any 
amount after adjustment under the       
preceding sentence is not a multiple of 
#a1jjj1 such amount shall be rounded to 
the nearest multiple of #a1jjj4  4  7b7 
,clarification regarding commission paid
 to performing artist's manager or agent
 ,section #fb7;a77#b77;,b77i7 of such   
,code1 as amended by subsection 7a71 is 
amended by inserting before the period  
at the end the following3 1 including   
any commission paid to the performing   
artist's manager or agent4  7c7         
,increase in threshold for determining  
nominal employers ,section #fb7;b77#b7  
of such ,code is amended-- 7#a7 by      
striking ,an individual and inserting   
the following3  7,a7 ,in general ,an    
individual  1  7#b7 by striking #bjj and
 inserting #ejj1 and  7#c7 by adding at 
the end the following new subparagraph3 
7,b7 ,cost-of-living adjustment ,in the 
case of any taxable year beginning in a 
calendar year after #bjbe1 the #ejj     
amount under subparagraph 7,a7 shall be 

increased by an amount equal to-- 7i7   
such dollar amount1 multiplied by  7ii7 
the cost-of-living adjustment determined
 under section #a7;f77#c7 for the       
calendar year in which the taxable year 
begins1 determined by substituting      
calendar year #bjbd for calendar year   
#bjaf in subparagraph 7,a77ii7 thereof4 
,if any amount after adjustment under   
the preceding sentence is not a multiple
 of #ej1 such amount shall be rounded to
 the nearest multiple of #ej4  4  7d7   
,conforming amendments  7#a7 ,section   
#fb7;a77#b77;,b77i7 of such ,code1 as   
amended by the preceding provisions of  
this ,act1 is amended by striking by him
 and inserting by the performing artist4
  7#b7 ,section #fb7;b77#a7 of such     
,code is amended by inserting and at the
 end of subparagraph 7,a71 by striking 1
 and at the end of subparagraph 7,b7 and
 inserting a period1 and by striking    
subparagraph 7,c74  7e7 ,effective date 
,the amendments made by this section    
shall apply to taxable years beginning  

after ,december #ca1 #bjbd4