Summary: H.R.946 — 117th Congress (2021-2022)All Information (Except Text)

There is one summary for H.R.946. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (02/08/2021)

Stop the Attack on Local Taxpayers Act of 2021 or the SALT Act

This bill repeals the limitation on the deductibility of state and local taxes during 2018-2025. It also increases from $250 to $1,000 the tax deduction for certain expenses of elementary and secondary school teachers and allows a deduction from gross income (above-the-line) for certain training and uniform expenses of first responders (i.e., individuals who are law enforcement officers, firefighters, paramedics, or emergency medical technicians for at least 1,000 hours during a taxable year).

The bill expands individual income tax brackets and increases the top income tax rate for individual taxpayers to 39.6%.