This bill extends the limitation on the tax deduction for state and local taxes through 2031. It increases the limitation to $80,000 between 2021 and 2030 and reduces it to $10,000 in 2031.
Action Date | Type | Text | Source |
---|---|---|---|
2021-11-18 | IntroReferral | Referred to the House Committee on Ways and Means. | House floor actions |
2021-11-18 | IntroReferral | Introduced in House | Library of Congress |