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United States · Bill · S

S. 3178 (116th)

Restoring Tax Fairness for States and Localities Act

referredUnited States· United States Congress· EN

Introduced

9 January 2020

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

6 December 2025

Summary

Restoring Tax Fairness for States and Localities Act This bill increases the tax deduction for state and local taxes in 2019 to $20,000 for persons filing a joint tax return. It eliminates the current $10,000 cap on the deduction in 2020 and 2021. The bill increases the top marginal income tax rate to 39.6% beginning in 2020, and reduces the dollar amount at which the increased tax rate begins.

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Documents

3 official files

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