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United States · Bill · S

S. 2236 (118th)

Casualty Loss Deduction Restoration Act

referredUnited States· United States Congress· EN

Introduced

11 July 2023

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Casualty Loss Deduction Restoration Act This bill eliminates the suspension period (2018 through 2025) for the tax deduction for personal casualty lossess and increases from $10,000 to $50,000 the limitation on allowable amount of the deduction.

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Documents

3 official files

Introduced in Senate (text)

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Sources

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