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SENATE 85117th CongressReferred to the Committee on Health, Education, Labor, and Pensions.

A resolution expressing the sense of the Senate that it is the duty of the Federal Government to dramatically expand and strengthen the care economy.

Last Action
3/1/2021

Actions

  • 2021-01-28Read twice and referred to the Committee on Finance. (text: CR S200)
  • 2021-01-28Introduced in Senate

CRS Summary

As of 2021-01-28 (00)

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.

Cosponsors (12)

  • Ron Wyden (D-OR)
  • Robert Menendez (D-NJ)
  • Kirsten Gillibrand (D-NY)
  • Cory Booker (D-NJ)
  • Richard Durbin (D-IL)
  • Tammy Duckworth (D-IL)
  • Richard Blumenthal (D-CT)
  • Ben Cardin (D-MD)
  • Patrick Leahy (D-VT)
  • Christopher Murphy (D-CT)
  • Chris Van Hollen (D-MD)
  • Dianne Feinstein (D-CA)

Subjects

  • Income tax deductions
  • Property tax
  • Sales and excise taxes
  • State and local taxation
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.