SALT Deductibility Act
USA117th CongressS-85| Senate
| Updated: 1/28/2021
Charles E. Schumer
Democratic Senator
New York
Cosponsors (12)
Tammy Duckworth (Democratic)Dianne Feinstein (Democratic)Patrick J. Leahy (Democratic)Richard J. Durbin (Democratic)Kirsten E. Gillibrand (Democratic)Chris Van Hollen (Democratic)Christopher Murphy (Democratic)Cory A. Booker (Democratic)Benjamin L. Cardin (Democratic)Robert Menendez (Democratic)Ron Wyden (Democratic)Richard Blumenthal (Democratic)
Finance Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance. (text: CR S200)
Taxation
Income tax deductionsProperty taxSales and excise taxesState and local taxation
SALT Deductibility Act
USA117th CongressS-85| Senate
| Updated: 1/28/2021
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.
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. (text: CR S200)
Charles E. Schumer
Democratic Senator
New York
Cosponsors (12)
Tammy Duckworth (Democratic)Dianne Feinstein (Democratic)Patrick J. Leahy (Democratic)Richard J. Durbin (Democratic)Kirsten E. Gillibrand (Democratic)Chris Van Hollen (Democratic)Christopher Murphy (Democratic)Cory A. Booker (Democratic)Benjamin L. Cardin (Democratic)Robert Menendez (Democratic)Ron Wyden (Democratic)Richard Blumenthal (Democratic)
Finance Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Income tax deductionsProperty taxSales and excise taxesState and local taxation