SALT Deduction Fairness Act
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2021
Committee Review
Floor Vote
President
Introduced Mar 17, 2021
Last action Mar 17, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 17, 2021
Committee
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S1616)
upper
Mar 17, 2021
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Susan M. Collins
RRepublican
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