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H.R. 9524 — Capital Loss Inflation Fairness Act | PoliFocus

H.R. 9524117th Congress

Capital Loss Inflation Fairness Act

To amend the Internal Revenue Code of 1986 to increase the limitation on capital losses and index the limitation to inflation.

Sponsors

Rep. Norman, Ralph [R-SC-5]

2 cosponsors

Subjects

Taxation

Summary

Capital Loss Inflation Fairness Act

This bill increases the allowance for capital losses and adjusts the increased allowance amount for inflation after 2023.

Full Text

Legislative Actions

2022-12-14
Introduced in House
2022-12-14
Introduced in House
2022-12-14
Referred to the House Committee on Ways and Means.

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