118th Congress · HOUSE BILLBILL

H.R. 2555 — SALT Deductibility Act

“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.”

Taxation

Introduced Apr 10, 2023

Last action Apr 10, 2023

Pipeline · Bill → Law

Step 1

Introduced

Apr 10, 2023

Step 2

Referred

Apr 10, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill repeals the temporary restrictions in taxable years 2018 through 2025 on the deductibility of state and local taxes.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Apr 10, 2023

Introduced in House

Apr 10, 2023

Referred to the House Committee on Ways and Means.