H. R. 622
IN THE SENATE OF THE UNITED STATES
April 20, 2015
To amend the Internal Revenue Code of 1986 to make permanent the deduction of State and local general sales taxes.
This Act may be cited as the
State and Local Sales Tax Deduction Fairness Act of 2015.
Permanent extension of deduction of State and local general sales taxes
Section 164(b)(5) of the Internal Revenue Code of 1986 is amended by striking subparagraph (I).
The amendment made by this section shall apply to taxable years beginning after December 31, 2014.
The budgetary effects of this Act shall not be entered on either PAYGO scorecard maintained pursuant to section 4(d) of the Statutory Pay-As-You-Go Act of 2010.
Passed the House of Representatives April 16, 2015.
Karen L. Haas,