Us Congress 2025-2026 Regular Session

Us Congress House Bill HB246

Introduced
1/9/25  

Caption

SALT Fairness for Working Families ActThis 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).

Congress_id

119-HR-246

Policy_area

Taxation

Introduced_date

2025-01-09

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.