Bill117th CongressFiled Jan 28, 2021Taxation
S. 85
Securing Access to Lower Taxes by ensuring Deductibility Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
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Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jan 28, 2021)
Securing Access to Lower Taxes by ensuring Deductibility Act or the SALT Deductibility Act
This bill repeals the temporary restrictions in taxable years 2018 through 2025 on the deductibility of state and local taxes.
What just happenedJan 28, 2021
Read twice and referred to the Committee on Finance. (text: CR S200)
Who’s behind it
Sen. Schumer, Charles E. [D-NY](D-NY)Sponsor
12 cosponsors12 D
12cosponsors1committees2actions2related bills4subjects
- Introduced in SenateJan 28, 2021
- Jan 28, 2021IntroReferral
Read twice and referred to the Committee on Finance. (text: CR S200)
Finance Committee - Jan 28, 2021IntroReferral10000
Introduced in Senate