HOUSE 1757116th CongressReferred to the House Committee on Ways and Means.
To amend the Internal Revenue Code of 1986 to increase the limitation on the amount individuals can deduct for certain State and local taxes.
- Last Action
- 3/14/2019
Actions
- 2019-03-14Referred to the House Committee on Ways and Means.
- 2019-03-14Introduced in House
- 2019-03-14Introduced in House
CRS Summary
As of 2019-03-14 (00)
This bill increases the limit on individual income tax deductions 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 the amount in the case of a joint return) and requires the limit to be adjusted for inflation after 2019.
Cosponsors (20)
- Sean Casten (D-IL)
- Mary Scanlon (D-PA)
- Daniel Lipinski (D-IL)
- Emanuel Cleaver (D-MO)
- G. K. Butterfield (D-NC)
- JAMES CLYBURN (D-SC)
- Cedric Richmond (D-LA)
- Al Lawson (D-FL)
- BENNIE THOMPSON (D-MS)
- Al Green (D-TX)
- Frederica Wilson (D-FL)
- André Carson (D-IN)
- Bonnie Watson Coleman (D-NJ)
- Gwen Moore (D-WI)
- EDDIE JOHNSON (D-TX)
- Marcia Fudge (D-OH)
- Robin Kelly (D-IL)
- Yvette Clarke (D-NY)
- Donald Payne (D-NJ)
- Bill Foster (D-IL)
Subjects
- Income tax deductions
- Inflation and prices
- Property tax
- Sales and excise taxes
- State and local taxation
Sourced from Congress.gov (public domain).
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