Bill Sponsor
House Bill 2555
118th Congress(2023-2024)
SALT Deductibility Act
Introduced
Introduced
Introduced in House on Apr 10, 2023
Overview
Text
Introduced in House 
Apr 10, 2023
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Introduced in House(Apr 10, 2023)
Apr 10, 2023
No Linkage Found
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
H. R. 2555 (Introduced-in-House)


118th CONGRESS
1st Session
H. R. 2555


To amend the Internal Revenue Code of 1986 to repeal the limitation on the deduction for certain taxes, including State and local property and income taxes.


IN THE HOUSE OF REPRESENTATIVES

April 10, 2023

Mr. Garbarino (for himself, Mr. Gottheimer, Ms. Eshoo, Mrs. Kim of California, Mr. Schneider, Mr. Smith of New Jersey, Mr. Menendez, Mr. Lawler, Mr. D'Esposito, Mr. Molinaro, Mr. Ryan, Mr. Kean of New Jersey, Mr. Swalwell, Ms. Meng, Mr. Morelle, Mr. Sherman, Mr. Casten, Mr. Courtney, Mr. Phillips, Mr. Tonko, Mr. Quigley, Ms. Lofgren, Ms. McCollum, Mr. Carbajal, Mrs. Watson Coleman, Mr. Auchincloss, Mr. Connolly, Mr. Krishnamoorthi, Mr. Pallone, Ms. Craig, Mr. Foster, Ms. Bonamici, Ms. Sánchez, Ms. Sherrill, Mr. Kim of New Jersey, Mr. LaLota, Mr. Levin, Mr. Raskin, Mr. Huffman, Mr. Davis of Illinois, Mr. Gomez, Ms. Chu, Ms. Norton, Mr. Panetta, Ms. Brownley, and Mr. Nadler) introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To amend the Internal Revenue Code of 1986 to repeal the limitation on the deduction for certain taxes, including State and local property and income taxes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Securing Access to Lower Taxes by ensuring Deductibility Act” or the “SALT Deductibility Act”.

SEC. 2. Repeal of limitation on deduction for State and local, etc. taxes.

(a) In general.—Section 164(b) of the Internal Revenue Code of 1986 is amended by striking paragraph (6).

(b) Effective date.—The amendment made by this section shall apply to taxable years beginning after December 31, 2022.