New York Republican Wants SALT Debate in Tax Bill Discussion

Jan. 11, 2024, 2:50 PM UTC

A New York Republican is trying to drum up support to allow a debate on raising the state and local tax deduction cap as bipartisan tax package negotiations leave out those proposals.

Rep. Nick LaLota (R-N.Y.) is circulating a letter asking Speaker Mike Johnson (R-La.) to move any tax package through regular order so members can debate an amendment that would raise the SALT cap. The 2017 Republican tax law instituted a $10,000 limit on deductions for state and local taxes, which has drawn opposition from New York, New Jersey, and California Republicans.

Lawmakers have been nearing a deal on ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.