SENATE 2236118th CongressRead twice and referred to the Committee on Finance.
Casualty Loss Deduction Restoration Act
- Last Action
- 7/11/2023
Actions
- 2023-07-11Read twice and referred to the Committee on Finance.
- 2023-07-11Introduced in Senate
CRS Summary
As of 2023-07-11 (00)
Casualty Loss Deduction Restoration Act
This bill eliminates the suspension period (2018 through 2025) for the tax deduction for personal casualty lossess and increases from $10,000 to $50,000 the limitation on allowable amount of the deduction.
Cosponsors (4)
- Bill Cassidy (R-LA)
- Elizabeth Warren (D-MA)
- Edward Markey (D-MA)
- Christopher Murphy (D-CT)
Sourced from Congress.gov (public domain).
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