President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early Thursday morning in a 215 - 214 vote, includes an increase to the SALT — State and Local Tax — deduction, quadrupling the cap from $10,000 to $40,000 and phasing it out for incomes over $500,000.

Michael Dowling, CEO of Northwell Health, stands with Reps. Tom Suozzi (D-Glen Cove) and Laura Gillen (D-Rockville Centre) as they address the potentially harmful consequences of cuts to Medicaid, SNAP, and other safety-net programs in the recent House-passed budget reconciliation bill on Wednesday in Levittown. Credit: Newsday/Howard Schnapp

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out over $500,000.

It looks like a tentative deal has been brokered on Capitol Hill to provide a new SALT cap​, increasing the state and local tax deduction from $10,000 to $40,000.

President Donald Trump is growing frustrated with demands to significantly boost the cap on the state and local tax deduction, according to a senior administration official, signaling a deadlock as Republicans aim to quickly pass a giant tax-cut bill.

The House proposal would enact Trump's major campaign promises while dramatically changing Medi-Cal, food benefits, income taxes, and border security.

New York City-area Republican members of Congress were able to include a huge increase in property tax deductions in the so-called "big, beautiful bill" passed on Thursday.