,i #aafth ,,congress #ast ,session ,h4 ,r4 #ageg ,,in ,,the ,,house ,,of ,,representatives ,march #ad1 #bjai,ms4 ,underwood 7for herself and ,mr4 ,casten of ,illinois7 introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to increase the limitation on the amount individuals can deduct for certain ,state and local taxes4 #a4 ,increase in limitation on deduction for certain ,state and local taxes of individuals 7a7 ,in general ,section #afd7;b77#f77;,b7 of the ,internal ,revenue ,code of #aihf is amended by striking #aj1jjj 7#e1jjj in the case of a married individual filing a separate return7 and inserting #ae1jjj 7twice such amount in the case of a joint return74 7b7 ,inflation adjustment ,section #afd7;b7 of such ,code is amended by adding at the end the following new paragraph3 7#g7 ,inflation adjustment ,in the case of any taxable year beginning after ,december #ca1 #bjai1 the #ae1jjj amount in paragraph 7#f77;,b7 shall be increased by an amount equal to-- 7,a7 such dollar amount1 multiplied by 7,b7 the cost-of-living adjustment determined under section #a7;f77#c7 for the calendar year in which the taxable year begins1 determined by substituting calendar year #bjah for calendar year #bjaf in subparagraph 7,a77ii7 thereof4 ,if any amount as adjusted under the preceding sentence is not a multiple of #ajj1 such amount shall be rounded to the next lowest multiple of #ajj4 4 7c7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after ,december #ca1 #bjah4