US SB2762 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on October 31 2019 - 25% progression, died in committee
Action: 2019-10-31 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6336-6337)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 31 2019 - 25% progression, died in committee
Action: 2019-10-31 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6336-6337)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Increases the limitation on the deduction for state and local taxes to $20,000 for individuals filing a joint tax return. The limitation applies to taxable years 2018 through 2025.
Title
SALT Deduction Fairness Act
Sponsors
| Sen. Susan Collins [R-ME] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-10-31 | Senate | Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6336-6337) |
Same As/Similar To
HB1757 (Related) 2019-03-14 - Referred to the House Committee on Ways and Means.
HB2894 (Related) 2019-05-22 - Referred to the House Committee on Ways and Means.
HB2894 (Related) 2019-05-22 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/2762/all-info |
| Text | https://www.congress.gov/116/bills/s2762/BILLS-116s2762is.pdf |
