Bill116th CongressFiled Oct 31, 2019Taxation
S. 2762
SALT Deduction Fairness Act
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Oct 31, 2019)
SALT Deduction Fairness Act
This bill 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.
What just happenedOct 31, 2019
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6336-6337)
Who’s behind it
Sen. Collins, Susan M. [R-ME](R-ME)Sponsor
1committees2actions2related bills2subjects
- Introduced in SenateOct 31, 2019
- Oct 31, 2019IntroReferral
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S6336-6337)
Finance Committee - Oct 31, 2019IntroReferral10000
Introduced in Senate