SALT Deduction Fairness Act
USA117th CongressS-804| Senate
| Updated: 3/17/2021
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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1616)
Taxation
Income tax deductionsState and local taxation
SALT Deduction Fairness Act
USA117th CongressS-804| Senate
| Updated: 3/17/2021
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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1616)
Susan M. Collins
Republican Senator
Maine
Finance Committee
Taxation
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Income tax deductionsState and local taxation