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HOUSE 2191117th CongressReferred to the House Committee on Ways and Means.

Protecting Homeowners from Disaster Act of 2021

Last Action
3/26/2021

Actions

  • 2021-03-26Referred to the House Committee on Ways and Means.
  • 2021-03-26Introduced in House
  • 2021-03-26Introduced in House

CRS Summary

As of 2021-03-26 (00)

Protecting Homeowners from Disaster Act of 2021

This bill repeals the tax rule in effect through 2025 that limits the deduction for personal casualty losses to losses attributable to a federally declared disaster.

Cosponsors (2)

  • Lois Frankel (D-FL)
  • Steve Cohen (D-TN)

Subjects

  • Income tax deductions
  • Life, casualty, property insurance
  • Tax administration and collection, taxpayers
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.