[Congressional Record Volume 171, Number 113 (Monday, June 30, 2025)]
[Senate]
[Page S4130]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2792. Ms. BALDWIN submitted an amendment intended to be proposed 
to amendment SA 2360 proposed by Mr. Thune (for Mr. Graham) to the bill 
H.R. 1, to provide for reconciliation pursuant to title II of H. Con. 
Res. 14; which was ordered to lie on the table; as follows:

       Strike section 70109 and insert the following:

     SEC. ____. REINSTATEMENT OF DEDUCTION FOR PERSONAL CASUALTY 
                   LOSS.

       (a) In General.--Section 165(h) is amended by striking 
     paragraph (5).
       (b) Effective Date.--The amendment made by this section 
     shall apply to taxable years beginning after December 31, 
     2017.

     SEC. ____. EXTENSION OF AMENDED RETURN WINDOW FOR PERSONAL 
                   CASUALTY LOSS.

       (a) In General.--In the case of a taxpayer who filed a 
     return for a taxable year ending before January 1, 2022, with 
     respect to which a deduction could have been taken by the 
     taxpayer under section 165(h) of the Internal Revenue Code of 
     1986 but for the fact that such deduction was suspended at 
     the time of filing--
       (1) the period of limitation prescribed by section 6511(a) 
     of such Code for any such taxable year shall be extended 
     until the date prescribed by law (including extensions) for 
     filing the return of tax for the taxable year that includes 
     the date of the enactment of this Act; and
       (2) section 6511(b)(2) of such Code shall not apply to any 
     claim of credit or refund with respect to such return.
       (b) Extension Restricted to Casualty Loss Deduction.--
     Subsection (a) shall apply only with respect to amendments to 
     the return of tax and claims for credit or refund of a 
     taxpayer to the extent such amendments or claims relate to 
     the deduction for casualty losses under section 165(h) of the 
     Internal Revenue Code of 1986.
                                 ______