HR 430
119th Congress
House
Taxation
SALT Deductibility Act
Introduced: January 15, 2025
Introduced by:
Garbarino, Andrew R.
Republican
· 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 15, 2025
Referred to the House Committee on Ways and Means.
Jan 15, 2025
Introduced in House
Plain-English summary
Securing Access to Lower Taxes by ensuring Deductibility Act or the SALT Deductibility Act
This bill repeals the limitation on the federal tax deduction for state and local taxes (commonly known as the SALT deduction cap).
Under current law, a SALT deduction cap of $10,000 ($5,000 for married individuals filing separate federal income tax returns) applies for tax years 2018 through 2025 and expires beginning in 2026.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1