HR 318
118th Congress
House
Taxation
Income tax deductions
Life, casualty, property insurance
Tax administration and collection, taxpayers
Protecting Homeowners from Disaster Act of 2023
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 12, 2023
Referred to the House Committee on Ways and Means.
Jan 12, 2023
Introduced in House
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Plain-English summary
Protecting Homeowners from Disaster Act of 2023
This bill repeals the current limitation on tax deductions for personal casualty losses. Under current law, such losses are deductible in taxable years 2018-2025 only to the extent that they are attributable to a federally declared disaster.
What's happening now
Referred to the House Committee on Ways and Means.
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). H.R. 318: Protecting Homeowners from Disaster Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-HR-318/
"H.R. 318: Protecting Homeowners from Disaster Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-318/.
H.R. 318, 118th Cong. (2026), https://openamerica.io/bill/118-HR-318/.
[H.R. 318: Protecting Homeowners from Disaster Act of 2023](https://openamerica.io/bill/118-HR-318/)