To amend the Internal Revenue Code of 1986 to repeal the limitation on deductions for personal casualty losses.
Protecting Homeowners from Disaster Act of 2021
This bill repeals the tax rule in effect through 2025 that limits the deduction for personal casualty losses to losses attributable to a federally declared disaster.
Referred to the House Committee on Ways and Means.
Read twice and referred to the Committee on Finance.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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