To provide a permanent deduction for State and local general sales taxes.

In general— Subparagraph (I) of section 164(b)(5) of the Internal Revenue Code of 1986, as amended by section 105 of the Tax Increase Prevention Act of 2014, is amended by striking “, and before January 1, 2015”.

Effective date— The amendment made by this section shall apply to taxable years beginning after December 31, 2014.