S. 804 · 117th Congress
SALT Deduction Fairness Act
- Stage
- In committee
- Sponsor
- Susan Collins
- Introduced
- 2021-03-17
- Latest action
- 2021-03-17 · Introduced in Senate
Summary
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.