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Referenced Laws
Section 164(b)(6)(B)
Section 1
1. Short title This Act may be cited as the SALT Deduction Fairness Act.
Section 2
2. Increase in limitation on deduction for individuals filing jointly on state and local taxes Section 164(b)(6)(B) of the Internal Revenue Code of 1986 is amended by striking $10,000 ($5,000 in the case of a married individual filing a separate return) and inserting $10,000 (twice such amount in the case of a joint return). The amendment made by this section shall apply to taxable years beginning after December 31, 2022.