3.0.0 3178 2022-02-08T23:22:52Z 2022-02-08T23:22:52Z Senate S 2020-01-09 116 ssfi00 Finance Committee Senate Standing Referred to 2020-01-09T19:52:48Z Supporting America’s First Responders Act of 2019 116 5342 HR 2019-12-06 Referred to the House Committee on Ways and Means. Related bill CRS Supporting America’s Teachers Act of 2019 116 5352 HR 2019-12-06 Referred to the House Committee on Ways and Means. Related bill CRS Restoring Tax Fairness for States and Localities Act 116 5377 HR 2020-01-03 Received in the Senate and Read twice and referred to the Committee on Finance. Identical bill CRS 2020-01-09 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2020-01-09 Introduced in Senate IntroReferral 10000 9 Library of Congress S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. N W000779 Sen. Wyden, Ron [D-OR] Ron Wyden D OR 2020-01-09 True M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ 2020-01-09 True Taxation Income tax deductions Income tax rates State and local taxation Tax administration and collection, taxpayers Tax treatment of families Taxation 00 2020-01-09 Introduced in Senate 2020-02-13T21:00:32Z Restoring Tax Fairness for States and Localities Act

This bill increases the tax deduction for state and local taxes in 2019 to $20,000 for persons filing a joint tax return. It eliminates the current $10,000 cap on the deduction in 2020 and 2021.

The bill increases the top marginal income tax rate to 39.6% beginning in 2020, and reduces the dollar amount at which the increased tax rate begins.

]]> Restoring Tax Fairness for States and Localities Act Display Title Restoring Tax Fairness for States and Localities Act Short Title(s) as Introduced Restoring Tax Fairness for States and Localities Act Introduced in Senate IS Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to modify the limitation on deduction of State and local taxes, and for other purposes. Introduced in Senate IS Introduced in Senate 2020-01-09T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s3178is/xml/BILLS-116s3178is.xml 2020-01-09 Read twice and referred to the Committee on Finance. 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.