Politiparty
Politiparty

118th Congress Taxation

H.R. 4539: Casualty Loss Deduction Restoration Act

Introduced

  1. Introduced (completed)Jul 11, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Jul 11, 2023

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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

8

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Joe Courtney D-CT SponsorDrew cross-party cosponsors, introduced2 events+6
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Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Joe Courtney

History

  1. Jul 11, 2023Introduced in the House by Joe Courtney.
Show the full action history (2 actions)
  1. Jul 11, 2023Introduced in House
  2. Jul 11, 2023Referred to the House Committee on Ways and Means.