Bill117th CongressFiled Mar 25, 2021Taxation
S. 1027
Tax Assistance for Crumbling Foundations Act
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Mar 25, 2021)
Tax Assistance for Crumbling Foundations Act
This bill repeals the tax rule in effect through 2025 that limits the deduction for personal casualty losses to losses attributable to a federally declared disaster.
What just happenedMar 25, 2021
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Blumenthal, Richard [D-CT](D-CT)Sponsor
3 cosponsors3 D
3cosponsors1committees2actions2related bills3subjects
- Introduced in SenateMar 25, 2021
- Mar 25, 2021IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Mar 25, 2021IntroReferral10000
Introduced in Senate