H.R. 3251 · 116th Congress

To amend the Internal Revenue Code of 1986 to repeal the temporary rule limiting personal casualty losses to only disaster-related losses.

Stage
In committee
Introduced
2019-06-13
Latest action
2019-06-13 · Introduced in House

Summary

This bill amends the Internal Revenue Code to repeal the tax rule in effect through 2025 that limits the deduction for personal casualty losses to only disaster-related losses.