H.R. 202

SALT Fairness Act of 2021

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I

117th CONGRESS

1st Session

H. R. 202

IN THE HOUSE OF REPRESENTATIVES

January 5, 2021

Mr. Garcia of California introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to repeal the limitation on deduction for State and local taxes, and for other purposes.

1.

Short title

This Act may be cited as the SALT Fairness Act of 2021.

2.

Repeal of limitation on deduction for State and local, etc. taxes

(a)

In general

Section 164(b) is amended by striking paragraph (6).

(b)

Effective date

The amendment made by subsection (a) shall take effect as if included in section 11042 of Public Law 115–97.