HR430119th CongressWALLET

SALT Deductibility Act

Sponsored By: Representative Garbarino

Introduced

Summary

This bill would repeal the cap on the deduction for state and local taxes (SALT), restoring full deductibility of state and local income and property taxes. It applies to taxable years beginning after December 31, 2024.

Show full summary
  • Homeowners and other taxpayers who itemize could deduct the full amount of state and local income and property taxes they pay, increasing their federal deductions compared with when the cap applied.
  • Taxpayers in higher-tax states would see the largest change because the statutory limit that previously restricted SALT deductions would be removed.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Full deduction for state and local taxes

If enacted, you could deduct all state and local taxes if you itemize. It would remove the current cap on property and income tax deductions. It would apply to tax years beginning after December 31, 2024 (generally the 2025 tax year). Homeowners and people in high-tax states who itemize would likely see lower federal taxes. This would not change taxes for people who take the standard deduction.

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Sponsors & CoSponsors

Sponsor

Garbarino

NY • R

Cosponsors

  • Rep. Gottheimer, Josh [D-NJ-5]

    NJ • D

    Sponsored 1/15/2025

  • Rep. Kim, Young [R-CA-40]

    CA • R

    Sponsored 1/15/2025

  • Rep. Menendez, Robert [D-NJ-8]

    NJ • D

    Sponsored 1/15/2025

  • Rep. Smith, Christopher H. [R-NJ-4]

    NJ • R

    Sponsored 1/15/2025

  • Rep. Schneider, Bradley Scott [D-IL-10]

    IL • D

    Sponsored 1/15/2025

  • Rep. Lawler, Michael [R-NY-17]

    NY • R

    Sponsored 1/15/2025

  • Rep. Suozzi, Thomas R. [D-NY-3]

    NY • D

    Sponsored 1/15/2025

  • Rep. Casten, Sean [D-IL-6]

    IL • D

    Sponsored 1/15/2025

  • Del. Norton, Eleanor Holmes [D-DC-At Large]

    DC • D

    Sponsored 1/15/2025

  • Rep. Davis, Danny K. [D-IL-7]

    IL • D

    Sponsored 1/15/2025

  • Kean

    NJ • R

    Sponsored 1/15/2025

  • Rep. Chu, Judy [D-CA-28]

    CA • D

    Sponsored 1/15/2025

  • Rep. Brownley, Julia [D-CA-26]

    CA • D

    Sponsored 1/15/2025

  • Rep. Nadler, Jerrold [D-NY-12]

    NY • D

    Sponsored 1/15/2025

  • Sherrill

    NJ • D

    Sponsored 1/15/2025

  • Gillen

    NY • D

    Sponsored 1/15/2025

  • Rep. Panetta, Jimmy [D-CA-19]

    CA • D

    Sponsored 1/15/2025

  • Rep. Ryan, Patrick [D-NY-18]

    NY • D

    Sponsored 1/15/2025

  • Rep. Raskin, Jamie [D-MD-8]

    MD • D

    Sponsored 1/15/2025

  • Rep. Gomez, Jimmy [D-CA-34]

    CA • D

    Sponsored 1/15/2025

  • Rep. Mullin, Kevin [D-CA-15]

    CA • D

    Sponsored 1/23/2025

  • Rep. Carbajal, Salud O. [D-CA-24]

    CA • D

    Sponsored 2/18/2025

  • Latimer

    NY • D

    Sponsored 3/26/2025

  • Rep. Levin, Mike [D-CA-49]

    CA • D

    Sponsored 4/29/2025

  • Rep. Sherman, Brad [D-CA-32]

    CA • D

    Sponsored 10/24/2025

Roll Call Votes

No roll call votes available for this bill.

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