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HR 6049 117th Congress House Taxation

To amend the Internal Revenue Code of 1986 to modify the limitation on the deduction for State and local taxes, etc.

Introduced: November 18, 2021 Introduced by: Smith, Christopher H. Republican · New Jersey See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 18, 2021
Referred to the House Committee on Ways and Means.
Nov 18, 2021
Introduced in House
 Plain-English summary Congressional Research Service

This bill extends the limitation on the tax deduction for state and local taxes through 2031. It increases the limitation to $80,000 between 2021 and 2030 and reduces it to $10,000 in 2031.

What's happening now November 18, 2021

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1