Sen. Charles Schumer: Democrats will vote to advance plan to reopen government
Briella TomassettiJan 9, 2018, 6:18 pm

NY lawmakers introduce new bill that benefits taxpayers

Legislation would provide relief to people living in high-cost states like NY, NJ

Share

NEW YORK — State lawmakers from across the area introduced legislation that could potentially restore state and local tax deductions. Together Democratic Congresswoman Nita Lowey and Republican Congressman Peter King are co-sponsoring a bill that could change the game for angry taxpayers.

"Yesterday, I introduced the 'Securing Access to Lower Taxes by Ensuring Deductibility Act,’ or ‘Salt Deductibility Act,’ for short," says Lowey.

The new federal tax law puts a $10,000 cap on deductions for state and local taxes. However, the bill would restore the state and local income tax deductions in their entireties.

Lowey says although she and Congressman King don't always see eye-to-eye, they're on the same exact page when it comes to the issue. Their legislation would provide relief to people living in high-cost states like New York, New Jersey, and California, who actually get less money back from the government than they pay.

What's On Now & Next

Traffic

Meadowbrook Pkwy N

NORTHERN STATE PKWY - SOUTHERN STATE PKWY
North
South
5 min (Avg 63 MPH)
5 min (Avg 60 MPH)

Southern State Pkwy W

CROSS ISLAND PKWY - WANTAGH STATE PKWY
West
East
12 min (Avg 58 MPH)
13 min (Avg 52 MPH)

Northern State Pkwy W

GRAND CENTRAL PKWY - SUNNYSIDE BLVD
West
East
14 min (Avg 66 MPH)
15 min (Avg 61 MPH)

Long Island Expy W

NY-110 - EXIT 71
West
East
35 min (Avg 64 MPH)
34 min (Avg 66 MPH)

Long Island Expy E

CROSS ISLAND PKWY - NY-135
East
West
16 min (Avg 53 MPH)
15 min (Avg 59 MPH)
More Traffic »

Weather

Oyster Bay, New York
Clear
50°F