H.R. 4539 · 118th Congress · House

Casualty Loss Deduction Restoration Act

Active· Referred to the House Committee on Ways and Means.
Introduced
Jul 11, 23
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

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.

Action Timeline

3
  1. JUL 11, 2023•IntroReferral

    Introduced in House

  2. JUL 11, 2023•IntroReferral

    Introduced in House

  3. JUL 11, 2023•IntroReferral

    Referred to the House Committee on Ways and Means.

Committees

1

Ways and Means Committee

hswm00

Referred: Jul 11, 2023

Active