HR 2439
117th Congress
House
Taxation
Income tax deductions
Inflation and prices
Property tax
Sales and excise taxes
State and local taxation
SALT Fairness for Working Families Act
Introduced: April 8, 2021
Introduced by:
Underwood, Lauren
Democratic
· Illinois
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 8, 2021
Referred to the House Committee on Ways and Means.
Apr 8, 2021
Introduced in House
Plain-English 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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1