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Changes to Tax Deductions: Higher Limits for State and Local Taxes.

This bill modifies the rules for deducting state and local taxes from federal income. This means individuals will be able to deduct significantly larger amounts, potentially reducing their overall tax burden. These changes will take effect starting with the 2025 tax year.
Key points
The State and Local Tax (SALT) deduction limit will increase from $10,000 to $100,000 for most individuals.
For married couples filing jointly, the SALT deduction limit will increase from $10,000 to $200,000.
The act aims to eliminate the "marriage penalty" in the context of tax deductions.
The new rules will apply to taxable years beginning after December 31, 2024.
article Official text account_balance Process page
Introduced
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Additional Information
Print number: 119_HR_232
Sponsor: Rep. Lawler, Michael [R-NY-17]
Process start date: 2025-01-07
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

SALT Fairness and Marriage Penalty Elimination Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_232.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-01-07.

What are the main provisions?

Key points include:

  • The State and Local Tax (SALT) deduction limit will increase from $10,000 to $100,000 for most individuals.
  • For married couples filing jointly, the SALT deduction limit will increase from $10,000 to $200,000.
  • The act aims to eliminate the "marriage penalty" in the context of tax deductions.
  • The new rules will apply to taxable years beginning after December 31, 2024.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Lawler, Michael [R-NY-17].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Taxes Family