House moves quickly on SALT deduction expansion bill sought by New York Republicans

The House Rules Committee advanced legislation that would expand federal deductions for state and local taxes paid, a measure negotiated by New York Republicans in return for their support on a broader tax legislative bill.

The Rules Committee on Thursday reported out a rule to allow for consideration of SALT legislation on the floor. The bill was a modified version of Rep. Mike Lawler’s (R-NY) SALT Marriage Penalty Elimination Act, which changes the structure of the SALT cap by doubling the cap for married joint tax filers.