3856

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Amendment Number
3856
Purpose
To amend the Internal Revenue Code of 1986 to lower the adjusted gross income threshold for deductible disaster casualty losses to 5 percent, to make such deduction an above-the-line deduction, to allow an election to take such deduction for the preceding or succeeding year, and to eliminate the marriage penalty for individuals suffering casualty losses.
Congress
106
Type
SAMDT
Latest Action Date
Jul 17, 2000
Latest Action Text
Proposed amendment SA 3856 withdrawn in Senate.
Proposed Date
Jul 14, 2000
Submitted Date
Jul 14, 2000
Chamber
Senate
Update Date
Aug 15, 2021
Amendment 3856 — Informed