Proposal:SALT Act

This proposal is archived and closed to further debate. It was introduced in the 116th Congress, which has concluded, and the bill was not enacted into law.

Bill	S 437
Type of Legislation	Senate Bill
Congress	116
Source	View original on Congress.gov

Geographic Scope

National

Description

Stop the Attack on Local Taxpayers Act or the SALT Act

This bill amends the Internal Revenue Code to (1) repeal the $10,000 limitation on individual income tax deductions for certain state and local taxes, and (2) increase the top individual income tax rate to 39.6% (currently 37%).

Bill Title

SALT Act

Linked Goals

• Goal:Promote General Welfare

Steps

• 2019-02-11: Read twice and referred to the Committee on Finance.
• 2019-02-11: Introduced in Senate

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.