To amend the Internal Revenue Code of 1986 to increase the limitation on the amount individuals can deduct for certain State and local taxes.

3.0.0 2762 2022-11-01T04:47:41Z 2022-11-01T04:47:41Z Senate S 2019-10-31 116 ssfi00 Finance Committee Senate Standing Referred to 2019-10-31T17:41:36Z To amend the Internal Revenue Code of 1986 to increase the limitation on the amount individuals can deduct for certain State and local taxes. 116 1757 HR 2019-03-14 Referred to the House Committee on Ways and Means. Related bill CRS Save the State and Local Tax Deduction for Middle Class Families Act of 2019 116 2894 HR 2019-05-22 Referred to the House Committee on Ways and Means. Related bill CRS 2019-10-31 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6336-6337) IntroReferral 2019-10-31 Introduced in Senate IntroReferral 10000 9 Library of Congress C001035 Sen. Collins, Susan M. [R-ME] Susan Collins R ME M. N Taxation Income tax deductions State and local taxation Taxation

00 2019-10-31 Introduced in Senate 2019-12-02T18:09:30Z SALT Deduction Fairness Act

This bill increases the limitation on the deduction for state and local taxes to $20,000 for individuals filing a joint tax return. The limitation applies to taxable years 2018 through 2025.

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SALT Deduction Fairness Act Display Title SALT Deduction Fairness Act Short Title(s) as Introduced SALT Deduction Fairness Act Introduced in Senate IS Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to increase the limitation on the amount individuals filing jointly can deduct for certain State and local taxes. Introduced in Senate IS Introduced in Senate 2019-10-31T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s2762is/xml/BILLS-116s2762is.xml 2019-10-31 Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6336-6337) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.