Support tax fairness for our district by restoring the full SALT deduction
support restoring the full SALT deduction
Occurrences
Evidence
legacy_unverified · Source version not recorded · locator unknown
H.R.430 was introduced on January 15, 2025, referred to House Ways and Means, and lists Rep. Robert Menendez [D-NJ-8] as an original cosponsor. The bill's official title is to repeal the limitation on the deduction for certain state and local taxes, and CRS summarizes it as repealing the SALT deduction cap.
legacy_unverified · Source version not recorded · locator unknown
Section 70120 amended IRC section 164(b)(6) so the applicable SALT limitation is $40,000 for tax year 2025, $40,400 for 2026, rises by 1 percent through 2029, and returns to $10,000 after 2029, with income-based phasedown rules.
Assessments
The promise was framed as supporting restoration of the full SALT deduction, not guaranteeing enactment. Menendez later acted in office as an original cosponsor of H.R.430 in the 119th Congress, a bill to repeal the SALT deduction cap. Full repeal has not been enacted, and the 2025 reconciliation law only temporarily raised the cap, but his legislative support for full restoration satisfies the support promise. Timing is later_term because the cited support occurred in 2025 after the earlier term context.