United States · Bill · HR
H.R. 3098 (118th)
SALT Fairness and Deficit Reduction Act
Introduced
5 May 2023
Last action
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Status
Referred to the House Committee on Ways and Means.
Sponsors
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Subjects
Discovery layer
Source updated
24 July 2024
Summary
SALT Fairness and Deficit Reduction Act This bill increases the limitation on the tax deduction for state and local taxes to $60,000 (the limit is currently $10,000 for individual taxpayers). The bill also requires an annual inflation adjustment to the increased amount beginning after 2023, and extends through 2032 the period during which the limitation is in effect.
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 5 May 2023
Introduced in House (PDF)
Introduced in House · EN · 5 May 2023
Introduced in House
summary · EN · 5 May 2023
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/118th-congress/house-bill/3098
- Open data entity: https://api.congress.gov/v3/bill/118/hr/3098