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

USA118th CongressS-3976| Senate 
| Updated: 3/19/2024
Tammy Baldwin

Tammy Baldwin

Democratic Senator

Wisconsin

Cosponsors (4)
Robert P. Casey (Democratic)Sheldon Whitehouse (Democratic)John Fetterman (Democratic)Peter Welch (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Jan 10, 2024

Latest Companion Bill Action

HR 118-6938
Introduced in House
Mar 19, 2024
Introduced in Senate
Mar 19, 2024
Read twice and referred to the Committee on Finance.
  • January 10, 2024

    Latest Companion Bill Action

    HR 118-6938
    Introduced in House


  • March 19, 2024
    Introduced in Senate


  • March 19, 2024
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • HR 118-6938: Tax Relief for Victims of Crimes, Scams, and Disasters Act

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

USA118th CongressS-3976| Senate 
| Updated: 3/19/2024
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 10, 2024

Latest Companion Bill Action

HR 118-6938
Introduced in House
Mar 19, 2024
Introduced in Senate
Mar 19, 2024
Read twice and referred to the Committee on Finance.
  • January 10, 2024

    Latest Companion Bill Action

    HR 118-6938
    Introduced in House


  • March 19, 2024
    Introduced in Senate


  • March 19, 2024
    Read twice and referred to the Committee on Finance.
Tammy Baldwin

Tammy Baldwin

Democratic Senator

Wisconsin

Cosponsors (4)
Robert P. Casey (Democratic)Sheldon Whitehouse (Democratic)John Fetterman (Democratic)Peter Welch (Democratic)

Finance Committee

Taxation

Related Bills

  • HR 118-6938: Tax Relief for Victims of Crimes, Scams, and Disasters Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted