Tools Tax Deduction Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 7
- Latest action
- Mar 18, 2025
What it does
The Tools Tax Deduction Act would amend the Internal Revenue Code to allow certain employees to deduct expenses for construction tools, personal protective clothing and gear, and other necessary work-related costs as above-the-line deductions, bypassing standard limitations. It would also create an exception to the miscellaneous itemized deduction rules, allowing these employment-related expenses to be fully deductible without being subject to the 2% of adjusted gross income floor. The changes would apply to taxable years beginning after December 31, 2025, and would affect employees in trades or businesses involving the performance of services, particularly in construction or similar fields.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.