S. 804 · 117th Congress
SALT Deduction Fairness Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
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.
What it does: CRS summary · Introduced in Senate · Mar 17, 2021
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: SALT Deduction Fairness Act
Latest action (Mar 17, 2021): Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1616)
Policy area: Taxation · Origin: Senate · Introduced: Mar 17, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.