HR. 232In Committee
SALT Fairness and Marriage Penalty Elimination Act
Increases the federal state and local tax deduction cap to $100,000, or $200,000 for married couples filing jointly
Plain-English overview
What this bill does
Increases the federal state and local tax deduction cap to $100,000, or $200,000 for married couples filing jointly
Key points
- Increase SALT deduction cap
Current status
Where it stands
Status
In Committee
Latest action
2025-01-07 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedIncome tax deductionsState and local taxationTaxation