skip to main content

H.R. 188: SALT Deductibility Act

Compare this bill to another bill:

React to this bill with an emoji

Save your opinion on this bill on a six-point scale from strongly oppose to strongly support

Add Note All Positions »
(About Ads | Hide These Ads)

The text of the bill below is as of Jan 3, 2019 (Introduced).

I

116th CONGRESS

1st Session

H. R. 188

IN THE HOUSE OF REPRESENTATIVES

January 3, 2019

(for herself and Mr. King of New York) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to repeal the limitation on the deduction for certain taxes, including State and local property and income taxes.

1.

Short title

This Act may be cited as the Securing Access to Lower Taxes by ensuring Deductibility Act or the SALT Deductibility Act.

2.

Repeal of limitation on deduction for State and local, etc. taxes

(a)

In general

Section 164(b) of the Internal Revenue Code of 1986 is amended by striking paragraph (6).

(b)

Effective date

The amendment made by this section shall take effect as if included in section 11042 of Public Law 115–97.