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- S.2118
S.2118: A bill to amend the Internal Revenue Code of 1986 to allow casualty loss deduction for disaster losses without regard to the 10-percent adjusted gross income floor.
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about emergency management
- Introduced Sept. 25, 1996
- Latest Major Action Sept. 25, 1996
Bill Sponsor
Bill Cosponsor
Bill Summary
Amends the Internal Revenue Code to eliminate the ten percent adjusted gross income threshold for casualty loss deductions.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| Sept. 25, 1996 |
Introduced in the Senate by Lauch Faircloth (R-N.C.) |