HR. 430In Committee
SALT Deductibility Act
Repeals the federal cap on deducting state and local taxes from federal income taxes
Plain-English overview
What this bill does
Repeals the federal cap on deducting state and local taxes from federal income taxes
Key points
- Repeal SALT deduction cap
Current status
Where it stands
Status
In Committee
Latest action
2025-01-15 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation