Reps. Suozzi, King want to reinstate SALT deduction

U.S. Reps. Tom Suozzi and Peter King on Monday announced legislation that would retroactively reinstate the state and local tax, or SALT, deduction.

News 12 Staff

Jan 7, 2019, 11:50 AM

Updated 1,963 days ago

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U.S. Reps. Tom Suozzi and Peter King on Monday announced legislation that would retroactively reinstate the state and local tax, or SALT, deduction.
A provision in the 2017 GOP tax overhaul put a $10,000 cap on deductions.
Officials say the provision has been more of a burden to property owners on Long Island.
It's unclear if the legislation will clear the Republican-held U.S. Senate.


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