Tax Relief for Middle Class Families Act of 2023

[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 680 Introduced in House (IH)]

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118th CONGRESS
  1st Session
                                H. R. 680

 To amend the Internal Revenue Code of 1986 to increase the limitation 
              on the deduction for State and local taxes.


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                    IN THE HOUSE OF REPRESENTATIVES

                            January 31, 2023

   Ms. Sherrill (for herself, Mr. Lawler, Ms. Norton, and Mr. Levin) 
 introduced the following bill; which was referred to the Committee on 
                             Ways and Means

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                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to increase the limitation 
              on the deduction for State and local taxes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Tax Relief for Middle Class Families 
Act of 2023''.

SEC. 2. INCREASE IN LIMITATION ON DEDUCTION FOR STATE AND LOCAL TAXES.

    (a) In General.--Section 164(b)(6)(B) of the Internal Revenue Code 
of 1986 is amended by striking ``$10,000 ($5,000 in the case of a 
married individual filing a separate return)'' and inserting ``$100,000 
(twice such amount in the case of a joint return)''.
    (b) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2022.
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