A bill to amend the Internal Revenue Code of 1954 to allow a deduction in computing gross income for theft losses sustained by individuals, for certain amounts paid to protect against theft, for medical expenses caused by criminal conduct, and for funeral expenses of victims of crime.

Allows, under the Internal Revenue Code of 1954 a deduction in computing gross income for theft losses sustained by individuals, for specified amounts paid to protect against theft, for medical expenses caused by criminal conduct, and for funeral expenses of victims of crime. (Amends 26 U.S.C. 219)