S. 1027 · 117th Congress
Tax Assistance for Crumbling Foundations Act
- Stage
- In committee
- Sponsor
- Richard Blumenthal
- Introduced
- 2021-03-25
- Latest action
- 2021-03-25 · Introduced in Senate
Summary
Tax Assistance for Crumbling Foundations Act
This bill repeals the tax rule in effect through 2025 that limits the deduction for personal casualty losses to losses attributable to a federally declared disaster.