[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 587 Introduced in House (IH)]

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115th CONGRESS
  1st Session
H. RES. 587

Expressing the sense of the House of Representatives that the deduction 
   for State and local taxes is beneficial and should remain intact.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            October 25, 2017

 Ms. Esty of Connecticut (for herself, Mr. Courtney, Ms. DeLauro, Mr. 
     Larson of Connecticut, and Mr. Himes) submitted the following 
   resolution; which was referred to the Committee on Ways and Means

_______________________________________________________________________

                               RESOLUTION


 
Expressing the sense of the House of Representatives that the deduction 
   for State and local taxes is beneficial and should remain intact.

Whereas the deduction for State and local taxes is a fundamental cornerstone of 
        American fiscal federalism;
Whereas eliminating the deduction for State and local taxes would increase taxes 
        for approximately 24 percent of taxpayers nationwide;
Whereas the deduction for State and local taxes helps State and local 
        governments fund K-12 education, economic development, job training, 
        transportation, health care, police, fire, parks, libraries, community 
        health facilities, and first responders, all of which would be at risk 
        if the deduction were eliminated;
Whereas using the sum of property tax (real estate tax and personal property 
        tax), corporate income tax, and the greater of individual income tax or 
        general sales tax as a rough measure of potentially deductible taxes, 
        the potentially deductible portion of State and local taxes was about 32 
        percent of general revenues overall in 2013; and
Whereas 60 percent of taxpayers making less than $50,000 a year claim the State 
        and local tax deduction for their local property taxes: Now, therefore, 
        be it
    Resolved, That it is the sense of the House of Representatives that 
the deduction for State and local taxes is beneficial to American 
taxpayers and should remain intact.
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