
Full profile: /officials/B001230
Source: Congress.gov · FEC
Members who have signed on to support this bill since introduction. Source: Congress.gov.
7 cosponsors on record at Congress.gov. The named list is syncing into Govwatch and will appear here shortly — view on Congress.gov in the meantime.
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Previously
People who lose money or property due to crimes, scams, or natural disasters would be allowed to deduct those losses from their taxable income, reducing the taxes they owe. This would primarily help individual victims recover some financial relief through the tax system, though the exact rules about which losses qualify and how much can be deducted would be determined by the legislation's details. The change would affect millions of Americans who experience theft, fraud, or disaster-related losses each year.
AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.
Bills by the same sponsor or covering overlapping subjects.