H.R. 339

SALT Marriage Penalty Elimination Act

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I

118th CONGRESS

1st Session

H. R. 339

IN THE HOUSE OF REPRESENTATIVES

January 12, 2023

Mr. Lawler (for himself, Mr. D'Esposito, and Ms. Sherrill) 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 eliminate the marriage penalty in the limitation on the amount individuals can deduct for certain State and local taxes.

1.

Short title

This Act may be cited as the SALT Marriage Penalty Elimination Act.

2.

Elimination of marriage penalty in limitation on deduction for certain State and local taxes of individuals

(a)

In general

Section 164(b)(6)(B) of the Internal Revenue Code of 1986 is amended by striking $10,000 ($5,000 in the case of a married individual filing a separate return) and inserting $10,000 (twice such amount in the case of a joint return).

(b)

Effective date

The amendments made by this section shall apply to taxable years beginning after December 31, 2022.