OPENING THE RECORD
OPENING THE RECORD
H.R. 430 · 119TH CONGRESS
This has not become law. Both chambers must pass the same text before sending it to the president. How a bill becomes law.
CONGRESSIONAL RESEARCH SERVICE
Securing Access to Lower Taxes by ensuring Deductibility Act or the SALT Deductibility Act
This bill repeals the limitation on the federal tax deduction for state and local taxes (commonly known as the SALT deduction cap).
Under current law, a SALT deduction cap of $10,000 ($5,000 for married individuals filing separate federal income tax returns) applies for tax years 2018 through 2025 and expires beginning in 2026.
Written by the Congressional Research Service for this version of the bill. Later versions may differ. Read at Congress.gov.