Us Congress 2025-2026 Regular Session

Us Congress House Bill HB481

Introduced
1/16/25  

Caption

Protecting Homeowners from Disaster Act of 2025 This bill repeals the limit on the itemized tax deduction for unreimbursed personal casualty losses. Specifically, the bill repeals a provision that generally limits the deduction for tax years 2018-2025 to losses that are attributable to a federally declared disaster. The bill applies to losses sustained after 2024. 

Congress_id

119-HR-481

Policy_area

Taxation

Introduced_date

2025-01-16

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.