S. 3976 · 118th Congress · Senate

Tax Relief for Victims of Crimes, Scams, and Disasters Act

Active· Read twice and referred to the Committee on Finance.
Introduced
Mar 19, 24
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Tax Relief for Victims of Crimes, Scams, and Disasters Act

This bill reinstates the tax deduction for certain personal casualty losses (e.g., resulting from crimes, scams, natural disasters) by eliminating the suspension period (2018-2025) on such deduction. 

The bill also extends the period for filing an amended return for claiming personal casualty losses.   

Action Timeline

2
  1. MAR 19, 2024IntroReferral

    Introduced in Senate

  2. MAR 19, 2024IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Mar 19, 2024

Active