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SALT Deductibility Act

In committee: it can still change before the session ends.

US HR 430 · House Bill · 119th Congress

Draft a letter
Stage
In committee
Started in
House
Sponsors
26
Latest action
Jan 15, 2025

What it does

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.

Official summary · Introduced in House · Jan 15, 2025

Titles and provisions can change as the bill moves.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Jan 15, 2025

  2. Committee (Current step)

    In committee · Jan 15, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

SALT Deductibility Act | 52