HR 6049 · 117th Congress · Taxation

To amend the Internal Revenue Code of 1986 to modify the limitation on the deduction for State and local taxes, etc.

Introduced 2021-11-18· Sponsored by Rep. Smith, Christopher H. [R-NJ-4]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2021-11-18)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only