U.S. House passes bipartisan tax package

On January 31, the U.S. House of Representatives passed the bipartisan Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) by a 357-70 vote. Read NACo’s earlier breakdown of the legislation here.  

Supporting vulnerable county residents: Counties support the provisions in the legislation expanding the CTC and making modest enhancements to the Low-Income Housing Tax Credit (LIHTC), both of which will improve our efforts on the ground to help low-income families achieve economic stability.  

• View NACo’s letter urging passage of provisions expanding the CTC here.
• View NACo’s letter urging passage of provisions expanding LIHTC here.

Alternative action on SALT: Although the package does not provide relief from the $10,000 State and Local Tax Deduction (SALT) cap, a key county priority, House lawmakers are pursuing a separate measure, the SALT Marriage Penalty Act (H.R. 7160) that would double the SALT cap, or raise it to $20,000, for married filers. This is a welcomed first step in providing our communities with relief from the SALT cap and we urge Congress to pass this bill.  

• View NACo’s letter calling for action on the SALT cap here.

Legislative Outlook: Although H.R. 7024 passed the House with an overwhelming majority, it faces an uncertain outlook in the Senate, where some Republican lawmakers have expressed opposition to the CTC provisions and are seeking an amendment process on the floor. NACo will continue to monitor progress on the package.