Urges federal government to repeal state and local tax deduction caps.

This non-binding New Jersey Assembly Resolution (AR 116) urges the federal government to repeal the $10,000 cap on state and local tax (SALT) deductions for federal income tax filers. The resolution argues that New Jersey residents, who pay some of the highest property taxes in the country (averaging $9,112 in 2020), are disproportionately affected by the cap, which was enacted in 2017 under the Tax Cuts and Jobs Act. It states that the cap has contributed to outmigration from New Jersey, particularly among middle-class residents, and notes that New Jersey is a "donor state" (paying more in federal taxes than it receives in federal funding). The resolution does not create new law but formally requests federal action to restore the pre-2018 SALT deduction rules.