SALT Fairness for Working Families Act
Summary
SALT Fairness for Working Families Act This bill increases the limit on the individual income tax deduction for certain state and local taxes, which is currently $10,000 per year ($5,000 for a married taxpayer filing a separate return). The bill increases the limit to $15,000 (twice that amount in the case of a joint return) and requires the increased limit to be adjusted for inflation after 2021.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2021
Committee Review
Floor Vote
President
Introduced Apr 8, 2021
Last action Apr 8, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Apr 8, 2021
Committee
Referred to the House Committee on Ways and Means.
lower
Apr 8, 2021
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor
Sponsors
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