,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #cjih  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #e1 #bjbc,mr4    
,la,lota introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to modify ! limitation on
 ! d$uction = ,/ate & local taxes4  #a4 
,%ort title ,?is ,act may be cit$ z !   
,,salt ,fairness & ,deficit ,r$uction   
,act4  #b4 ,modification ( limitation on
 d$uction = ,/ate & local taxes  7a7    
,increase 9 limitation  7#a7 ,9 g5]al   
,section #afd7;b77#f77;,b7 ( ! ,int]nal 
,rev5ue ,code ( #aihf is am5d$ by /rik+ 
#aj1jjj 7#e1jjj 9 ! case ( a m>ri$      
individual fil+ a sep>ate return7 &     
ins]t+ #fj1jjj 7twice su* am\nt 9 ! case
 ( a jo9t return74  7#b7 ,inflation     
adju/m5t ,section #afd ( su* ,code is   
am5d$ by r$esignat+ subsection 7g7 z    
subsection 7h7 & by ins]t+ aft]         
subsection 7f7 ! foll[+ new subsection3 
7g7 ,inflation adju/m5t  7#a7 ,9 g5]al  
,9 ! case ( any taxable ye> beg9n+ aft] 

#bjbc1 ! #fj1jjj am\nt 9 subsection     
7b77#f77;,b7 %all be increas$ by an     
am\nt equal to-- 7,a7 su* doll> am\nt1  
multipli$ by  7,b7 ! co/-(-liv+ adju/m5t
 det]m9$ "u section 7#a77;f77#c7 ( !    
,int]nal ,rev5ue ,code ( #aihf = !      
cal5d> ye> 9 :i* ! taxable ye> beg9s by 
sub/itut+ #bjbb = #bjaf 9 subp>agraph   
7,a77ii7 !re(4  7#b7 ,r\nd+ ,if any     
am\nt z adju/$ "u subp>agraph 7,a7 is n 
a multiple ( #ej1 su* am\nt %all be     
r\nd$ to ! ne>e/ multiple ( #ej4  4  7b7
 ,ext5sion ( limitation ,section        
#afd7;b77#f7 ( su* ,code is am5d$-- 7#a7
 by /rik+ ,janu>y #a1 #bjbf & ins]t+    
,janu>y #a1 #bjcc1 &  7#b7 by /rik+     
#bjbe 9 ! head+ & ins]t+ #bjcb4  7c7    
,effective date ,! am5dm5ts made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ,decemb] #ca1 #bjbb4