Section 1 Short title
This Act may be cited as the “Stop Questionable, Unnecessary, and Excessive Allowances for Legislators Act” or the “SQUEAL Act”.
Stop Questionable, Unnecessary, and Excessive Allowances for Legislators Act
A BILL
To amend the Internal Revenue Code of 1986 to eliminate the deduction for living expenses incurred by members of Congress.
Sec. 2 Elimination of deduction for living expenses incurred by members of Congress
In general— Subsection (a) of section 162 of the Internal Revenue Code of 1986 is amended in the matter following paragraph (3) by striking “in excess of $3,000”.
Effective date— The amendment made by this section shall apply to taxable years beginning after the date of the enactment of this Act.