US SB3976 | 2023-2024 | 118th Congress
Status
Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on March 19 2024 - 25% progression
Action: 2024-03-19 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 19 2024 - 25% progression
Action: 2024-03-19 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Internal Revenue Code of 1986 to reinstate the deduction for personal casualty losses as in effect prior to the enactment of Public Law 115-97 (commonly referred to as the "Tax Cuts and Jobs Act").
Title
Tax Relief for Victims of Crimes, Scams, and Disasters Act
Sponsors
| Sen. Tammy Baldwin [D-WI] | Sen. Peter Welch [D-VT] | Sen. Robert Casey [D-PA] | Sen. Sheldon Whitehouse [D-RI] |
| Sen. John Fetterman [D-PA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-19 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB6938 (Same As) 2024-01-10 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/118th-congress/senate-bill/3976/all-info |
| Text | https://www.congress.gov/118/bills/s3976/BILLS-118s3976is.pdf |
