United States · Bill · S
S. 1157 (101st)
A bill to amend the Internal Revenue Code of 1986 to allow individuals who do not itemize deductions to deduct losses from failed financial institutions which are treated as ordinary losses.
Introduced
9 June 1989
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
3 January 2025
Summary
Amends the Internal Revenue Code to allow individuals who do not itemize to deduct losses from failed financial institutions which are treated as ordinary losses.
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Timeline
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Votes
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Versions
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Documents
2 official files
Introduced in Senate (text)
Introduced in Senate · EN
Introduced in Senate
summary · EN · 9 June 1989
Sponsors
No sponsors or actors listed by the source.
Related records
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Sources
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- Official source: https://www.congress.gov/bill/101st-congress/senate-bill/1157
- Open data entity: https://api.congress.gov/v3/bill/101/s/1157