Casualty Loss Deduction Restoration Act
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
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
Referred to the House Committee on Ways and Means.
Related & companion bills
1
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. 4539: Casualty Loss Deduction Restoration Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-4539/
"H.R. 4539: Casualty Loss Deduction Restoration Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-4539/.
H.R. 4539, 118th Cong. (2026), https://openamerica.io/bill/118-HR-4539/.
[H.R. 4539: Casualty Loss Deduction Restoration Act](https://openamerica.io/bill/118-HR-4539/)