119-hr430

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 430 Introduced in House

    (IH) ]

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119th CONGRESS
 1st Session
 H. R. 430

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.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 January 15, 2025

Mr. Garbarino (for himself, Mr. Gottheimer, Mrs. Kim, Mr. Menendez, Mr. 
Smith of New Jersey, Mr. Schneider, Mr. Lawler, Mr. Suozzi, Mr. Casten, 
Ms. Norton, Mr. Davis of Illinois, Mr. Kean, Ms. Chu, Ms. Brownley, Mr. 
 Nadler, Ms. Sherrill, Ms. Gillen, Mr. Panetta, Mr. Ryan, Mr. Raskin, 
and Mr. Gomez) 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.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

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

SEC. 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 apply 
to taxable years beginning after December 31, 2024.
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