S 85 · 117th Congress

SALT Deductibility Act

<p><b>Securing Access to Lower Taxes by ensuring Deductibility Act or the SALT Deductibility Act</b></p> <p>This bill repeals the temporary restrictions in taxable years 2018 through 2025 on the deductibility of state and local taxes.</p>

Sponsor

Schumer, Charles E. (D-NY)

Introduced

2021-01-28

Policy area

Taxation

Latest action

Read twice and referred to the Committee on Finance. (text: CR S200)