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S. 1027 · 117th Congress

Tax Assistance for Crumbling Foundations Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

3 cosponsors · 3 D

3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

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 it does: CRS summary · 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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Tax Assistance for Crumbling Foundations Act

Latest action (Mar 25, 2021): Read twice and referred to the Committee on Finance.

Policy area: Taxation · Origin: Senate · Introduced: Mar 25, 2021

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.