Urges Congress to reinstate unlimited state and local tax deduction.

This New Jersey Assembly Resolution (AR 55) urges Congress to repeal the $10,000 cap on the state and local tax (SALT) deduction, which was imposed by the 2017 Tax Cuts and Jobs Act. It directly affects New Jersey residents who itemize federal tax returns, as 41% claimed the deduction pre-2017 (with an average deduction of $19,089) and the state argues the cap disproportionately harms "donor state" New Jersey, which received only 79 cents back per federal dollar paid in 2018. The resolution has no legal effect but requests Congress restore the unlimited deduction to address tax disparities. It is a symbolic request, not a legislative proposal with binding authority.