[Congressional Bills 111th Congress] [From the U.S. Government Publishing Office] [H.R. 5956 Introduced in House (IH)] 111th CONGRESS 2d Session H. R. 5956 To amend the Internal Revenue Code of 1986 to increase the additional standard deduction for individuals age 65 and older. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES July 29, 2010 Mr. Hinchey (for himself, Ms. Edwards of Maryland, Mr. Grijalva, Ms. Kilpatrick of Michigan, Mrs. Lowey, Mr. McGovern, Ms. Norton, and Ms. Richardson) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to increase the additional standard deduction for individuals age 65 and older. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. INCREASE IN ADDITIONAL STANDARD DEDUCTION FOR AGED. (a) In General.-- (1) Additional amount generally.--Paragraph (1) of section 63(f) of the Internal Revenue Code of 1986 is amended by striking ``$600'' and inserting ``$2,200''. (2) Additional amount for certain unmarried individuals.-- Paragraph (3) of section 63(f) of such Code is amended by striking ```$750' for `$600''' and inserting ```$2,400' for `$2,400'''. (b) Adjusted for Inflation.--Paragraph (4) of section 63(c) of such Code is amended-- (1) by striking ``or subsection (f)'' each place it appears, and (2) by striking ``and'' at the end of subparagraph (B)(i), by striking the period at the end of subparagraph (B)(ii) and inserting ``, and'', and by adding at the end of subparagraph (B) the following new clause: ``(iii) `calendar year 2010' in the case of the dollar amounts contained in subsection (f).''. (c) Effective Date.--The amendments made by this section shall apply to taxable years beginning after December 31, 2009. <all>