S 3976
118th Congress
Senate
Taxation
Tax Relief for Victims of Crimes, Scams, and Disasters Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 19, 2024
Read twice and referred to the Committee on Finance.
Mar 19, 2024
Introduced in Senate
Plain-English summary
Tax Relief for Victims of Crimes, Scams, and Disasters Act
This bill reinstates the tax deduction for certain personal casualty losses (e.g., resulting from crimes, scams, natural disasters) by eliminating the suspension period (2018-2025) on such deduction.
The bill also extends the period for filing an amended return for claiming personal casualty losses.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1