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- H.R.2439
H.R.2439: SALT Fairness for Working Families Act
About This Bill
- Introduced April 8, 2021
- Latest Major Action April 8, 2021
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in House - April 8, 2021
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.) |