I 
116TH CONGRESS 
1ST SESSION H. R. 2894 
To amend the Internal Revenue Code of 1986 to increase the limitation 
on the deduction for State and local taxes, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 22, 2019 
Mr. LIPINSKI introduced the following bill; which was referred to the 
Committee on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to increase 
the limitation on the deduction for State and local taxes, 
and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Save the State and 
Local Tax Deduction for Middle Class Families Act of 
2019’’. 
SEC. 2. INCREASE IN LIMITATION ON DEDUCTION FOR 
STATE AND LOCAL TAXES. 
(a) IN GENERAL.—Section 164(b)(6)(B) of the Inter-
nal Revenue Code of 1986 is amended by striking 
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‘‘$10,000 ($5,000 in the case of a married individual filing 
a separate return)’’ and inserting ‘‘$15,000 (twice such 
amount in the case of a joint return)’’. 
(b) INFLATION ADJUSTMENT.—Section 164(b)(6) of 
such Code is amended— 
(1) by striking ‘‘and’’ at the end of subpara-
graph (A), by striking the period at the end of sub-
paragraph (B) and inserting ‘‘, and’’, and by insert-
ing after subparagraph (B) the following new sub-
paragraph: 
‘‘(C) in the case of a taxable year begin-
ning in a calendar year after 2019, the $15,000 
amount in subparagraph (B) shall be increased 
by an amount equal to— 
‘‘(i) such dollar amount, multiplied by 
‘‘(ii) the cost-of-living adjustment de-
termined under section 1(f)(3) for the cal-
endar year in which the taxable year be-
gins, determined by substituting ‘calendar 
year 2018’ for ‘calendar year 2016’ in sub-
paragraph (A)(ii) thereof.’’, and 
(2) by adding at the end the following: ‘‘Any in-
crease determined under subparagraph (C) shall be 
rounded to the nearest multiple of $100.’’ 
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(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
December 31, 2018. 
SEC. 3. INCREASE IN CORPORATE INCOME TAX RATE. 
(a) IN GENERAL.—Section 11(b) of the Internal Rev-
enue Code of 1986 is amended by striking ‘‘21 percent 
of taxable income.’’ and inserting ‘‘the applicable percent-
age of taxable income. For purposes of the preceding sen-
tence, the term ‘applicable percentage’ means such per-
centage as the Secretary determines (not later than 60 
days after the date of the enactment of this sentence) will 
result in an increase in revenues to the Treasury (relative 
to the revenues that the Secretary estimates would have 
been received in the Treasury if the applicable percentage 
were 21 percent) equal to the reduction in revenues to the 
Treasury which the Secretary estimates will occur by rea-
son of the amendment made by section 2 of the Save the 
State and Local Tax Deduction for Middle Class Families 
Act of 2019.’’. 
(b) EFFECTIVE DATE.—The amendment made by 
this section shall apply to taxable years beginning after 
December 31, 2018. 
Æ 
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