S 85
117th Congress
Senate
Taxation
Income tax deductions
Property tax
Sales and excise taxes
State and local taxation
SALT Deductibility Act
Introduced: January 28, 2021
Introduced by:
Schumer, Charles E.
Democratic
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 28, 2021
Read twice and referred to the Committee on Finance. (text: CR S200)
Jan 28, 2021
Introduced in Senate
Plain-English summary
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.
What's happening now
Read twice and referred to the Committee on Finance. (text: CR S200)
Committees of jurisdiction
1