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Tax Relief for Victims of Crimes, Scams, and Disasters Act

6/10/2025, 8:30 PM

Summary of Bill S 1773

The bill introduced in the 119th Congress as Senate Bill 1773 on May 15, 2025, aims to amend the Internal Revenue Code of 1986 to restore the deduction for personal casualty losses to its pre-Public Law 115-97 status.

Current Status of Bill S 1773

Bill S 1773 is currently in the status of Bill Introduced since May 15, 2025. Bill S 1773 was introduced during Congress 119 and was introduced to the Senate on May 15, 2025.  Bill S 1773's most recent activity was Read twice and referred to the Committee on Finance. as of May 15, 2025

Bipartisan Support of Bill S 1773

Total Number of Sponsors
5
Democrat Sponsors
5
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
1
Republican Cosponsors
1
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 1773

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 1773

A bill to amend the Internal Revenue Code of 1986 to reinstate the deduction for personal casualty losses as in effect prior to the enactment of Public Law 115-97.
A bill to amend the Internal Revenue Code of 1986 to reinstate the deduction for personal casualty losses as in effect prior to the enactment of Public Law 115-97.

Comments

Kasen Moon profile image

Kasen Moon

629

9 months ago

I support this bill and hope it helps those in need.

Abigail Erickson profile image

Abigail Erickson

645

8 months ago

Ugh, can't believe they're pushing this crap through. It's gonna mess with my taxes big time. SMH.

Izael Burnette profile image

Izael Burnette

591

8 months ago

I don't like this bill. It's not fair. But did you know it includes tax relief for victims of scams too?