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H.R. 318

Protecting Homeowners from Disaster Act of 2023

Protecting Homeowners from Disaster Act of 2023

This bill repeals the current limitation on tax deductions for personal casualty losses. Under current law, such losses are deductible in taxable years 2018-2025 only to the extent that they are attributable to a federally declared disaster.

Referred to the House Committee on Ways and Means.

Rep. Brownley, Julia [D-CA-26](D-CA)Sponsor
4 cosponsors4 D
4cosponsors1committees3actions
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Protecting Homeowners from Disaster Act of 2023 — Informed