Senate Bill 85
117th Congress(2021-2022)
Securing Access to Lower Taxes by ensuring Deductibility Act
Introduced
Introduced in Senate on Jan 28, 2021
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
85
Congress
117
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
Chuck Schumer
grade
New York
California
Connecticut
Connecticut
Illinois
Illinois
Maryland
Maryland
New Jersey
New Jersey
New York
Oregon
Vermont
No Senate votes have been held for this bill.
Summary
Securing Access to Lower Taxes by ensuring Deductibility Act or the SALT Deductibility Act
This bill repeals the temporary restrictions in taxable years 2018 through 2025 on the deductibility of state and local taxes.
January 28, 2021
01/28/2021
Read twice and referred to the Committee on Finance. (text: CR S200)
01/28/2021
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:47:28 PM