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HR 4539 118th Congress House Taxation

Casualty Loss Deduction Restoration Act

Introduced: July 11, 2023 Introduced by: Courtney, Joe Democratic · Connecticut See on congress.gov
This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 11, 2023
Referred to the House Committee on Ways and Means.
Jul 11, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

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.

What's happening now July 11, 2023

Referred to the House Committee on Ways and Means.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4539: Casualty Loss Deduction Restoration Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-4539/
MLA
"H.R. 4539: Casualty Loss Deduction Restoration Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-4539/.
Bluebook (legal)
H.R. 4539, 118th Cong. (2026), https://openamerica.io/bill/118-HR-4539/.
Markdown link
[H.R. 4539: Casualty Loss Deduction Restoration Act](https://openamerica.io/bill/118-HR-4539/)
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