SALT Fairness Act of 2021

I 117TH CONGRESS 1ST SESSION H. R. 202 To amend the Internal Revenue Code of 1986 to repeal the limitation on deduction for State and local taxes, and for other purposes. IN THE HOUSE OF REPRESENTATIVES JANUARY 5, 2021 Mr. GARCIA of California introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to repeal the limitation on deduction for State and local taxes, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘SALT Fairness Act 4 of 2021’’. 5 SEC. 2. REPEAL OF LIMITATION ON DEDUCTION FOR STATE 6 AND LOCAL, ETC. TAXES. 7 (a) IN GENERAL.—Section 164(b) is amended by 8 striking paragraph (6). 9 VerDate Sep 11 2014 22:18 Feb 03, 2021 Jkt 019200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H202.IH H202 kjohnson on DSK79L0C42PROD with BILLS 2 HR 202 IH (b) EFFECTIVE DATE.—The amendment made by 1 subsection (a) shall take effect as if included in section 2 11042 of Public Law 115–97. 3 Æ VerDate Sep 11 2014 22:18 Feb 03, 2021 Jkt 019200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H202.IH H202 kjohnson on DSK79L0C42PROD with BILLS