To amend the Internal Revenue Code of 1986 to modify the limitation on the deduction for State and local taxes, etc.
Sponsored By: Representative Smith, Christopher H. [R-NJ-4]
Unknown
Summary
This bill extends the limitation on the tax deduction for state and local taxes through 2031. It increases the limitation to $80,000 between 2021 and 2030 and reduces it to $10,000 in 2031.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Smith, Christopher H. [R-NJ-4]
NJ • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov