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.

Amends the Internal Revenue Code to allow income tax deductions by individuals for: (1) up to $100 for losses arising from theft which are unrelated to any profit seeking activity by the taxpayer and which are not otherwise compensated (replacing the present theft deduction); (2) up to $300 for amounts paid for anti-theft protection devices (excluding personnel and weapons); (3) all medical care expenses not otherwise compensated, paid by the taxpayer, his spouse or his dependents and attributable to injuries arising from a crime committed by persons other than such individuals; and (4) any amounts paid for the funeral expenses of any individual whose death resulted from a crime not committed by the decedent, the taxpayer, or a spouse or dependent of the decedent.