,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #gefa  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #ab1         
#bjbf,ms4 ,/ev5s 7= h]self1 ,mrs4       
,d+ell1 ,ms4 ,s*olt51 & ,ms4 ,mc,donald 
,rivet7 introduc$ ! foll[+ bill2 :i* 0  
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to modify ! limitation on
 individual d$uctions = c]ta9 /ate &    
local taxes & to all[ a d$uction =      
qualifi$ special assessm5t taxes1 & =   
o!r purposes4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,local ,infra/ructure  
,tax ,cuts ,act4  #b4 ,modification (   
limitation on individual d$uctions =    
c]ta9 /ate & local taxes  7a7 ,9 g5]al  
,section #afd7;b77#g7 ( ! ,int]nal      
,rev5ue ,code ( #aihf is am5d$ to read z
 foll[s3  7#g7 ,applicable limitation   
am\nt  7,a7 ,9 g5]al ,= purposes ( ?is  
subsection1 ! t]m applicable limitation 
am\nt means-- 7i7 #j 9 ! case ( any     
taxpay] ^: modifi$ adju/$ gross income  
exce$s ! ?re%old am\nt1  7ii7 #e1jjj 9 !

 case ( a m>ri$ individual fil+ a       
sep>ate return1 &  7iii7 #aj1jjj 9 !    
case ( any taxpay] n describ$ 9 clause  
7i7 or 7ii74  7,b7 ,?re%old am\nt ,=    
purposes ( ?is p>agraph1 ! ?re%old am\nt
 %all be-- 7i7 9 ! case ( a jo9t return1
 #bae1jjj1  7ii7 9 ! case ( a head (    
h\sehold 7z def9$ 9 section #b7;b771    
#afa1bej1 &  7iii7 9 ! case ( any       
taxpay] n describ$ 9 clause 7i7 or 7ii71
 #ajg1ejj4  7,c7 ,modifi$ adju/$ gross  
income ,= purposes ( ?is p>agraph1 ! t]m
 modifi$ adju/$ gross income means !    
adju/$ gross income ( ! taxpay] = !     
taxable ye> increas$ by any am\nt       
exclud$ f gross income "u section #iaa1 
#ica1 or #icc4  7,d7 ,inflation adju/m5t
 ,9 ! case ( any taxable ye> beg9n+ aft]
 #bjbg1 ea* ( ! doll> am\nts 9          
subp>agraphs 7,a7 & 7,b7 %all be        
increas$ by an am\nt equal to-- 7i7 su* 
doll> am\nt1 multipli$ by  7ii7 !       
co/-(-liv+ adju/m5t det]m9$ "u section  
#a7;f77#c7 = ! cal5d> ye> 9 :i* !       
taxable ye> beg9s1 det]m9$ by sub/itut+ 

cal5d> ye> #bjbf = cal5d> ye> #bjaf 9   
subp>agraph 7,a77ii7 !re(4  ,if any     
am\nt z increas$ "u ! prec$+ s5t5ce is n
 a multiple ( #ej1 su* am\nt %all be    
r\nd$ to ! ne>e/ multiple ( #ej4  4  7b7
 ,effective date ,! am5dm5t made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ,decemb] #ca1 #bjbf4  #c4   
,d$uction all[$ = qualifi$ special      
assessm5t taxes  7a7 ,9 g5]al ,section  
#afd7;a7 ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by ins]t+ aft] p>agraph  
7#d7 ! foll[+ new p>agraph3  7#e7       
,qualifi$ special assessm5t taxes4  4   
7b7 ,qualifi$ special assessm5t taxes   
,section #afd7;b7 ( su* ,code is am5d$--
 7#a7 by r$esignat+ p>agraphs 7#f7 &    
7#g7 z p>agraphs 7#g7 & 7#h71           
respectively1 &  7#b7 by ins]t+ aft]    
p>agraph 7#e7 ! foll[+ new p>agraph3    
7#f7 ,qualifi$ special assessm5t taxes  
7,a7 ,9 g5]al ,! t]m qualifi$ special   
assessm5t tax means a tax :i* is        
impos$-- 7i7 by a ,/ate1 a possession ( 
! ,unit$ ,/ates1 or a political         

subdivision ( any ( ! =ego+1 or by !    
,di/rict ( ,columbia1  7ii7 on real     
prop]ty locat$ )9 a geographic area     
designat$ z a special assessm5t di/rict 
by su* ,/ate1 possession1 or political  
subdivision1 or by ! ,di/rict (         
,columbia1 &  7iii7 = ! purpose ( fund+ 
a community infra/ructure project t w\ld
 directly b5efit su* real prop]ty4  7,b7
 ,community infra/ructure  7i7 ,9 g5]al 
,= purposes ( subp>agraph 7,a71 ! t]m   
community infra/ructure means a project 
or facility describ$ 9 clause 7ii7 t is 
own$ by-- 7,i7 a ,/ate1 a possession ( !
 ,unit$ ,/ates1 or a political          
subdivision ( any ( ! =ego+1  7,,ii7 !  
,di/rict ( ,columbia1 or  7,,iii7 a     
n-=-pr(it1 memb]-own$ utility s]vice4   
7ii7 ,project describ$ ,a project or    
facility describ$ 9 ?is clause is any ( 
! foll[+3 7,i7 ,any transportation      
project4  7,,ii7 ,a s*ool1 hospital1    
police1 fire1 em]g5cy response1 or o!r  
community support facility4  7,,iii7 ,a 
wat]1 wa/e-wat]1 /ormwat]1              

telecommunications1 electric1 gas1 or   
o!r utility infra/ructure project4      
7,,iv7 ,a dam re/oration project4  7,c7 
,d$uction limit$ to taxes paid or accru$
 ) respect to pr9cipal resid5ces ,!     
d$uction "u subsection 7a7 = qualifi$   
special assessm5t taxes may only be     
all[$ if su* taxes are paid or accru$ ) 
respect to ! taxpay]'s pr9cipal resid5ce
 7)9 ! mean+ ( section #aba74  4  7c7   
,application ( limitation on am\nt (    
d$uction ,section #afd7;b77#g77;,b7 (   
su* ,code1 z r$esignat$ by subsection   
7b71 is am5d$ by /rik+ & 7#c7 & ins]t+  
7#c71 & 7#e74  7d7 ,con=m+ am5dm5t      
,section #afd7;c77#a7 ( su* ,code is    
am5d$ by /rik+ ,taxes & ins]t+ ,except z
 provid$ 9 subsection 7a77#e71 taxes4   
7e7 ,effective date ,! am5dm5ts made by 
?is section %all apply to taxable ye>s  
beg9n+ aft] ,decemb] #ca1 #bjbf4