S. 5219Senate118th Congress (2023-2025)In Committee

Tax Relief for Middle Class Families Act of 2024

A bill to amend the Internal Revenue Code of 1986 to increase the limitation on the deduction for State and local taxes.

AI-Generated Summary

Updated January 20, 2026 at 7:30 PM UTC

The Tax Relief for Middle Class Families Act of 2024 changes the federal tax code to raise the cap on the deduction for state and local taxes (SALT). It lifts the limit from $10,000 per individual (or $5,000 for married filing separately) to $100,000 for individuals and $200,000 for joint filers. The change takes effect for tax years beginning after December 31, 2023, and is intended to provide tax relief to middle‑class families.

Key Provisions

Increases the SALT deduction limit to $100,000 for single filers and $200,000 for joint returns, replacing the previous $10,000/$5,000 limits
Applies to taxable years beginning after December 31, 2023

Legislative Activity

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1 earlier action

SenateIntro Referral Latest Action

Read twice and referred to the Committee on Finance.

Finance Committee

September 25, 2024

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SenateIntro Referral

Introduced in Senate

September 25, 2024

SenateIntro Referral

Read twice and referred to the Committee on Finance.

Finance Committee

September 25, 2024

Bill Text

Latest available legislative text

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Introduced in SenateIssued September 25, 2024

118th CONGRESS

2d Session

S. 5219

IN THE SENATE OF THE UNITED STATES

September 25, 2024

Mr. Helmy introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To amend the Internal Revenue Code of 1986 to increase the limitation on the deduction for State and local taxes.

Short title

This Act may be cited as the Tax Relief for Middle Class Families Act of 2024.

Increase in limitation on deduction for State and local taxes

(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 $100,000 (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, 2023.