HR 481 ยท Protecting Homeowners from Disaster Act of 2025
Referred to the House Committee on Ways and Means.
- Introduced
- Jan 16, 2025
- Latest action
- Jan 16, 2025
- Sponsor
- Rep. Julia Brownley [D-CA-26]
- Policy area
- Taxation
- Cosponsors
- 1
Summary
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.
Recent actions
- Jan 16, 2025 Referred to the House Committee on Ways and Means.
- Jan 16, 2025 Introduced in House
- Jan 16, 2025 Introduced in House
Votes
No recorded votes are available for this bill.