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United States · Bill · HR

H.R. 481 (119th)

Protecting Homeowners from Disaster Act of 2025

referredUnited States· United States Congress· EN

Introduced

16 January 2025

Last action

—

Status

Referred to the House Committee on Ways and Means.

Sponsors

—

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Protecting Homeowners from Disaster Act of 2025 This bill repeals the limit on the itemized tax deduction for unreimbursed personal casualty losses. Specifically, the bill repeals a provision that generally limits the deduction for tax years 2018-2025 to losses that are attributable to a federally declared disaster. The bill applies to losses sustained after 2024. 

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Documents

2 official files

Introduced in House

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Sources

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