SALT Deductibility Act

3.0.0 85 2023-01-11T13:47:28Z 2023-01-11T13:47:28Z Senate S 2021-01-28 117 ssfi00 Finance Committee Senate Standing Referred to 2021-01-28T18:08:03Z SALT Deductibility Act 117 613 HR 2021-01-28 Referred to the House Committee on Ways and Means. Identical bill CRS SALT Fairness Act of 2021 117 202 HR 2021-01-05 Referred to the House Committee on Ways and Means. Related bill CRS 2021-01-28 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text: CR S200) IntroReferral 2021-01-28 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 2021-01-28 True M000639 Sen. Menendez, Robert [D-NJ] Robert Menendez D NJ 2021-01-28 True G000555 Sen. Gillibrand, Kirsten E. [D-NY] Kirsten Gillibrand D NY E. 2021-01-28 True B001288 Sen. Booker, Cory A. [D-NJ] Cory Booker D NJ 2021-01-28 True D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2021-01-28 True D000622 Sen. Duckworth, Tammy [D-IL] Tammy Duckworth D IL 2021-01-28 True B001277 Sen. Blumenthal, Richard [D-CT] Richard Blumenthal D CT 2021-02-08 False C000141 Sen. Cardin, Benjamin L. [D-MD] Ben Cardin D MD 2021-02-08 False L000174 Sen. Leahy, Patrick J. [D-VT] Patrick Leahy D VT 2021-02-08 False M001169 Sen. Murphy, Christopher [D-CT] Christopher Murphy D CT S. 2021-02-08 False V000128 Sen. Van Hollen, Chris [D-MD] Chris Van Hollen D MD 2021-02-08 False F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2021-02-23 False Taxation Income tax deductions Property tax Sales and excise taxes State and local taxation Taxation

00 2021-01-28 Introduced in Senate 2021-03-11T20:16:14Z Securing Access to Lower Taxes by ensuring Deductibility Act or the SALT Deductibility Act

This bill repeals the temporary restrictions in taxable years 2018 through 2025 on the deductibility of state and local taxes.

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Securing Access to Lower Taxes by ensuring Deductibility Act Display Title Securing Access to Lower Taxes by ensuring Deductibility Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to repeal the limitation on the deduction for certain taxes, including State and local property and income taxes. Introduced in Senate IS Short Title(s) as Introduced Securing Access to Lower Taxes by ensuring Deductibility Act Introduced in Senate IS Short Title(s) as Introduced SALT Deductibility Act Introduced in Senate IS Introduced in Senate 2021-01-28T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s85is/xml/BILLS-117s85is.xml 2021-01-28 Read twice and referred to the Committee on Finance. (text: CR S200) 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.