SALT Fairness for Working Families Act has not moved since its introduction on Jan 9, 2025, with one cosponsor, a Democrat
IntroducedJan 9, 2025
Reported—
Passed one chamber—
Passed both—
Law—
What it changes · CRS summary
Written by the Congressional Research Service [2]. 61 words.
SALT Fairness for Working Families Act This bill increases the limitation on the federal tax deduction for state and local taxes (commonly known as the SALT deduction cap) to $15,000 ($30,000 for married individuals filing a joint federal income tax return). Under current law, the SALT deduction cap is $10,000 ($5,000 for a married individuals filing separate federal income tax returns).
Context
- Committees
- House Ways and Means Committee
- Policy area
- Taxation: 20 of 6,214 bills became law, 113th–118th (0.3%)
- Sponsor
- 1 of 125 bills enacted since 2013
- Text versions
- 1: introduced in house · 93 words
- Subjects
- Income tax deductionsState and local taxation
- Latest action
- Jan 9, 2025: Referred to the House Committee on Ways and Means.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 0
The bill status record lists no related bills.
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]