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To amend the Internal Revenue Code of 1986 to repeal the limitation on the deduction for certain taxes, including state and local property and income taxes.

USA115th CongressHR-4789| House 
| Updated: 1/12/2018
Josh Gottheimer

Josh Gottheimer

Democratic Representative

New Jersey

Cosponsors (1)
Leonard Lance (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Cutting Local Taxes by Reinstating SALT Act This bill amends the Internal Revenue Code to repeal the limitation on individual deductions for certain state and local taxes. (For tax years 2018-2025, the deduction for certain state and local taxes is currently limited to $10,000 per year for individuals or $5,000 for married individuals filing a separate return.)
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Timeline
Jan 12, 2018
Introduced in House
Jan 12, 2018
Referred to the House Committee on Ways and Means.
  • January 12, 2018
    Introduced in House
  • January 12, 2018
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • HR 115-4740: To amend the Internal Revenue Code of 1986 to repeal the limitation on the deduction for certain taxes, including State and local property and income taxes.
  • S 115-1938: A bill to establish a policy framework that offers and rewards work, strengthens the incentive to work, greatly reduces poverty, and creates new jobs in the United States, and for other purposes.
Income tax deductionsProperty taxState and local taxation

To amend the Internal Revenue Code of 1986 to repeal the limitation on the deduction for certain taxes, including state and local property and income taxes.

USA115th CongressHR-4789| House 
| Updated: 1/12/2018
Cutting Local Taxes by Reinstating SALT Act This bill amends the Internal Revenue Code to repeal the limitation on individual deductions for certain state and local taxes. (For tax years 2018-2025, the deduction for certain state and local taxes is currently limited to $10,000 per year for individuals or $5,000 for married individuals filing a separate return.)
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 12, 2018
Introduced in House
Jan 12, 2018
Referred to the House Committee on Ways and Means.
  • January 12, 2018
    Introduced in House
  • January 12, 2018
    Referred to the House Committee on Ways and Means.
Josh Gottheimer

Josh Gottheimer

Democratic Representative

New Jersey

Cosponsors (1)
Leonard Lance (Republican)

Ways and Means Committee

Taxation

Related Bills

  • HR 115-4740: To amend the Internal Revenue Code of 1986 to repeal the limitation on the deduction for certain taxes, including State and local property and income taxes.
  • S 115-1938: A bill to establish a policy framework that offers and rewards work, strengthens the incentive to work, greatly reduces poverty, and creates new jobs in the United States, and for other purposes.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Income tax deductionsProperty taxState and local taxation