Legislators
Bills
Statements
Lobbying
Travel
- Bills
- S.3173
S.3173: Claiming Losses After Disasters Act
About This Bill
- Introduced Nov. 4, 2021
- Latest Major Action Nov. 4, 2021
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - Nov. 4, 2021
Bill Summary
Claiming Losses After Disasters Act This bill revises the tax deduction for personal casualty losses arising from major federally-declared disasters. It replaces the current requirement that such losses exceed 10% of a disaster victim's adjusted gross income before a deduction can be claimed with a minimum threshold of $500 in losses per disaster.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Nov. 4, 2021 |
Read twice and referred to the Committee on Finance.
|
Nov. 4, 2021 |
Introduced in the Senate by John Kennedy (R-La.) |