House Bill 946
117th Congress(2021-2022)
SALT Act
Introduced
Introduced in House on Feb 8, 2021
Origin Chamber
House
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
946
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.
No House votes have been held for this bill.
Summary
Stop the Attack on Local Taxpayers Act of 2021 or the SALT Act
This bill repeals the limitation on the deductibility of state and local taxes during 2018-2025. It also increases from $250 to $1,000 the tax deduction for certain expenses of elementary and secondary school teachers and allows a deduction from gross income (above-the-line) for certain training and uniform expenses of first responders (i.e., individuals who are law enforcement officers, firefighters, paramedics, or emergency medical technicians for at least 1,000 hours during a taxable year).
The bill expands individual income tax brackets and increases the top income tax rate for individual taxpayers to 39.6%.
February 8, 2021
02/08/2021
Referred to the House Committee on Ways and Means.
02/08/2021
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:46:49 PM