Reps. Lowey, King Introduce Bill to Restore SALT Deductions
January 11, 2018WASHINGTON—Two members of the New York State delegation in Congress have introduced bipartisan legislation to restore the state and local tax deduction that was capped at $10,000 as part of the federal tax reform plan passed late last month. U.S. Reps. Nita Lowey (D-NY-17/Rockland-Westchester) and Peter King (R-NY-2/Nassau-Suffolk) introduced the “SALT Deductibility Act” on Jan.…
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