US HB2624 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on May 9 2019 - 25% progression, died in committee
Action: 2019-05-09 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 9 2019 - 25% progression, died in committee
Action: 2019-05-09 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Raises the cap on tax deductions for state and local taxes for taxable years 2018 through 2025. The bill increases the current $10,000 limit to make it equal to the standard deduction the applies for the taxpayer based on filing status.. (For 2019, the standard deduction is $12,200 for single taxpayers and married individuals filing separately, $24,400 for married couples filing jointly, and $18,350 for heads of households).
Title
SALT Relief and Marriage Penalty Elimination Act of 2019
Sponsors
| Rep. Rebecca Sherrill [D-NJ] | Rep. Elise Stefanik [R-NY] | Rep. Gil Cisneros [D-CA] | Rep. Peter King [R-NY] |
| Rep. Jahana Hayes [D-CT] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-05-09 | House | Referred to the House Committee on Ways and Means. |
| 2019-05-09 | House | Introduced in House |
Subjects
Income tax deductions
Marriage and family status
Property tax
State and local taxation
Tax treatment of families
Taxation
Marriage and family status
Property tax
State and local taxation
Tax treatment of families
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/2624/all-info |
| Text | https://www.congress.gov/116/bills/hr2624/BILLS-116hr2624ih.pdf |
