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H.R. 2555

BillFederalHouseIn Committee
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.
About This Bill
Committee
Latest Action · April 10, 2023
Referred to the House Committee on Ways and Means.
Congress
118th (2023–2025)
Introduced
April 10, 2023
Cosponsors (53)
45D 8R
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Summary

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Securing Access to Lower Taxes by ensuring Deductibility Act or the SALT Deductibility Act This bill repeals the temporary restrictions in taxable years 2018 through 2025 on the deductibility of state and local taxes.

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