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.
The bill was reported out of the Rules Committee with an 8-5 vote. It isn’t clear when it will come to the broader House for a floor vote, although two sources familiar with the matter told the Washington Examiner on Wednesday that it is expected next week.
The Rules Committee hearing came less than