3.0.0 3173 2022-12-30T08:33:19Z 2023-01-01T23:44:43Z Senate S 2021-11-04 117 ssfi00 Finance Committee Senate Standing Referred to 2021-11-04T16:48:56Z 2021-11-04 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2021-11-04 Introduced in Senate IntroReferral 10000 9 Library of Congress K000393 Sen. Kennedy, John [R-LA] John Kennedy R LA Neely N C001075 Sen. Cassidy, Bill [R-LA] Bill Cassidy R LA 2022-04-26 False Taxation Administrative law and regulatory procedures Congressional oversight Department of Health and Human Services Government information and archives Government studies and investigations Government trust funds Health care coverage and access Medicare Performance measurement Taxation 00 2021-11-04 Introduced in Senate 2022-01-05T16:30:17Z 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.

]]> Claiming Losses After Disasters Act Display Title Claiming Losses After Disasters Act Short Title(s) as Introduced Claiming Losses After Disasters Act Introduced in Senate IS Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide special rules for personal casualty losses arising from major disasters. Introduced in Senate IS Introduced in Senate 2021-11-04T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s3173is/xml/BILLS-117s3173is.xml 2021-11-04 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.