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If enacted, the Senate bill would lift the cap to $40,000 starting in 2025, with the phaseout starting over $500,000 of income.
The latest version of the Senate's massive budget bill that the Senate is racing through for a vote as soon as Saturday deals a fatal blow to the use of tax credits in place since 2005 to spur ...
The proposal would salvage some clean-energy tax credits and phase out others more slowly, making up some of the cost by imposing deeper cuts to Medicaid than the House-passed bill would.
Washington Watch ‘Dead on arrival’: GOP war over SALT cap breaks out, threatening Trump tax bill Senate Republicans want to maintain a $10,000 cap on state and local tax deductions ...
A Senate tax package softens some blows imposed on renewables by a House version of the bill. But it still terminates many credits for clean power.
The Senate's version of President Donald Trump's "big, beautiful bill" goes further to reduce Medicaid spending than the House-passed bill does, setting up a potential showdown with a group of GOP ...
The Senate bill goes further than the House did in a bid to generate more government savings Sen. Mike Crapo (R-Idaho), the chairman of the Senate Finance Committee.
Senate Finance Chairman Mike Crapo told senators during a closed-door meeting on Wednesday that he plans to include full expensing permanence in the Senate-drafted reconciliation bill, Senator ...
AUSTIN (KXAN) — In a social media post Tuesday, Texas Gov. Greg Abbott signed Senate Bill 2570 into law. SB 2570 relates to legal justification for the use of force with a less-lethal force ...
Legislation aimed at giving property renters stronger rights to repair faulty conditions in their units cleared a Michigan Senate panel June 10.
North Carolina House passed Senate Bill 153 mandating state agencies cooperate with ICE and cutting undocumented immigrants off from state benefits.