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H.R.4789 - Cutting Local Taxes by Reinstating SALT Act115th Congress (2017-2018) |

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Sponsor: Rep. Gottheimer, Josh [D-NJ-5] (Introduced 01/12/2018)
Committees: House - Ways and Means
Latest Action: House - 01/12/2018 Referred to the House Committee on Ways and Means.  (All Actions)

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This bill has the status Introduced

Here are the steps for Status of Legislation:

  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Became Law

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  • Constitutional Authority Statement
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Summary: H.R.4789 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.4789. Bill summaries are authored by CRS.

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Introduced in House (01/12/2018)

Cutting Local Taxes by Reinstating SALT Act

This bill amends the Internal Revenue Code to repeal the limitation on individual 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.)