Not adopted
This amendment was never taken up, and the bill finished without it. It was never voted on.
Its path through Congress
- Introduced
- Pending Consideration
- Failed
What this amendment would do
This amendment aims to place strict limits on how individuals can deduct certain state and local taxes, foreign real property taxes, and pass-through entity taxes on their federal tax returns.
It also works to close tax workarounds by addressing situations where taxpayers attempt to bypass existing limits through pass-through entities and specific tax allocation mismatches, adding penalties to those who try to game the system.
- 6/30/2025
- Senate amendment submitted
This bill has no cosponsors