H.R. 10959 — A bill to amend the Internal Revenue Code of 1954 to provide that certain losses from shoreline erosion shall be deductible for purposes of the individual income tax.

Summary

Provides that losses in excess of $500 from shoreline erosion incurred by the individual taxpayer shall be deductible for purposes of the income tax imposed under the Internal Revenue Code.

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Related Legislation

H.R. 2628A bill to amend the Internal Revenue Code of 1954 to provide that certain losses from shoreline erosion shall be deductible for purposes of the individual income tax.
1975-02-03Referred to House Committee on Ways and Means.
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1975-12-02
Introduced in House
1975-12-02
Introduced in House
1975-12-02
Referred to House Committee on Ways and Means.

A bill to amend the Internal Revenue Code of 1954 to provide that certain losses from shoreline erosion shall be deductible for purposes of the individual income tax.

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