US HR515

Bill

US HR515

State And Local Tax Deduction Fairness Act of 2019

Introduced
01/11/2019

In Committee
01/11/2019

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend the Internal Revenue Code of 1986 to repeal the limitation on the deduction for certain State, local, and foreign taxes. This bill repeals the limitation on individual tax deductions for certain state and local taxes. (For tax years 2018-2025, the deduction for certain state and local taxes is currently limited to $10,000 per year for individuals or $5,000 for married individuals filing a separate return.)

AI Summary

This bill, the State And Local Tax Deduction Fairness Act of 2019, repeals the limitation on individual tax deductions for certain state and local taxes. Prior to this bill, the deduction for certain state and local taxes was limited to $10,000 per year for individuals or $5,000 for married individuals filing a separate return (for tax years 2018-2025). This bill removes that limitation, allowing individuals to deduct the full amount of their state and local taxes on their federal tax returns.

Committee Categories

Budget and Finance

Sponsors (21)

Eliot Engel (D)*, Karen Bass (D), Brendan Boyle (D), Anthony Brindisi (D), Julia Brownley (D), Gil Cisneros (D), Yvette Clarke (D), Lou Correa (D), Josh Gottheimer (D), Brian Higgins (D), Ted Lieu (D), Sean Maloney (D), Gregory Meeks (D), Joe Morelle (D), Chellie Pingree (D), Katie Porter (D), Max Rose (D), Mary Gay Scanlon (D), Brad Sherman (D), Albio Sires (D), Norma Torres (D),

Last Action

Referred to the House Committee on Ways and Means. (on 01/11/2019)

Official Document

https://www.congress.gov/bill/116th-congress/house-bill/515/all-info

(2 Companion Bills)

Version:

Document Type	Source Location	Created
State Bill Page	https://www.congress.gov/bill/116th-congress/house-bill/515/all-info	01/12/2019
BillText	https://www.congress.gov/116/bills/hr515/BILLS-116hr515ih.pdf	01/31/2019
Bill	https://www.congress.gov/116/bills/hr515/BILLS-116hr515ih.pdf.pdf	01/31/2019

Bill	Bill Name	Last Action	Type
HR188	SALT Deductibility Act Securing Access to Lower Taxes by ensuring Deductibility Act	Referred to the House Committee on Ways and Means.	Related
HR257	SALT Fairness Act of 2019	Referred to the House Committee on Ways and Means.	Related

Bill > HR515

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (21)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary