SALT Marriage Penalty Elimination Act

I 118TH CONGRESS 1ST SESSION H. R. 339 To amend the Internal Revenue Code of 1986 to eliminate the marriage penalty in the limitation on the amount individuals can deduct for certain State and local taxes. IN THE HOUSE OF REPRESENTATIVES JANUARY 12, 2023 Mr. LAWLER (for himself, Mr. D’ESPOSITO, and Ms. SHERRILL) 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 eliminate the marriage penalty in the limitation on the amount individuals can deduct for certain State and local taxes. 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 Marriage Pen- 4 alty Elimination Act’’. 5 VerDate Sep 11 2014 01:24 Jan 25, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H339.IH H339 kjohnson on DSK79L0C42PROD with BILLS 2 •HR 339 IH SEC. 2. ELIMINATION OF MARRIAGE PENALTY IN LIMITA- 1 TION ON DEDUCTION FOR CERTAIN STATE 2 AND LOCAL TAXES OF INDIVIDUALS. 3 (a) IN GENERAL.—Section 164(b)(6)(B) of the Inter- 4 nal Revenue Code of 1986 is amended by striking 5 ‘‘$10,000 ($5,000 in the case of a married individual filing 6 a separate return)’’ and inserting ‘‘$10,000 (twice such 7 amount in the case of a joint return)’’. 8 (b) EFFECTIVE DATE.—The amendments made by 9 this section shall apply to taxable years beginning after 10 December 31, 2022. 11 Æ VerDate Sep 11 2014 01:24 Jan 25, 2023 Jkt 039200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H339.IH H339 kjohnson on DSK79L0C42PROD with BILLS