State and Local Tax (SALT) Deduction Resources
PMSE Model State Legislation To Preserve State and Local Tax Deduction for Main Street Employers
The Parity for Main Street Employers Coalition of national trade groups has developed model state legislation to preserve the federal State and Local Tax Deduction (SALT) for Main Street Employers organized as pass-throughs. The states of Connecticut and New York have now enacted similar legislation, paving the way for other states to act. Links to the model state legislation and explanatory materials are below.