H.R.2439: SALT Fairness for Working Families Act

About This Bill

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Bill Summary

SALT Fairness for Working Families Act This bill increases the limit on the individual income tax deduction for certain state and local taxes, which is currently $10,000 per year ($5,000 for a married taxpayer filing a separate return). The bill increases the limit to $15,000 (twice that amount in the case of a joint return) and requires the increased limit to be adjusted for inflation after 2021.

(Source: Library of Congress)

Bill Actions

Date Description
April 8, 2021
Referred to the House Committee on Ways and Means.
April 8, 2021

Introduced in the House by Lauren Underwood (D-Ill.)

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