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SALT Deduction Fairness Act

USA116th CongressS-2762| Senate 
| Updated: 10/31/2019
Susan M. Collins

Susan M. Collins

Republican Senator

Maine

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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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Timeline
Oct 31, 2019
Introduced in Senate
Oct 31, 2019
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6336-6337)
  • October 31, 2019
    Introduced in Senate
  • October 31, 2019
    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6336-6337)

Taxation

Related Bills

  • HR 116-1757: To amend the Internal Revenue Code of 1986 to increase the limitation on the amount individuals can deduct for certain State and local taxes.
  • HR 116-2894: Save the State and Local Tax Deduction for Middle Class Families Act of 2019
Income tax deductionsState and local taxation

SALT Deduction Fairness Act

USA116th CongressS-2762| Senate 
| Updated: 10/31/2019
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Oct 31, 2019
Introduced in Senate
Oct 31, 2019
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6336-6337)
  • October 31, 2019
    Introduced in Senate
  • October 31, 2019
    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6336-6337)
Susan M. Collins

Susan M. Collins

Republican Senator

Maine

Finance Committee

Taxation

Related Bills

  • HR 116-1757: To amend the Internal Revenue Code of 1986 to increase the limitation on the amount individuals can deduct for certain State and local taxes.
  • HR 116-2894: Save the State and Local Tax Deduction for Middle Class Families Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Income tax deductionsState and local taxation