Tax Assistance for Crumbling Foundations Act
Latest action · Mar 25, 2021 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 25, 2021
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
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.
Cosponsors 3
Members who signed on, in the order they did. All signed on Mar 25, 2021.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CT | Christopher Murphy | Original | Mar 25, 2021 |
| D-MA | Edward J. Markey | Original | Mar 25, 2021 |
| D-MA | Elizabeth Warren | Original | Mar 25, 2021 |
Actions 2
Everything that happened, newest first.
- Mar 25, 2021Introduced in Senate
- Mar 25, 2021Read twice and referred to the Committee on Finance.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 802 | Tax Assistance for Crumbling Foundations Act | Identical bill | Feb 4, 2021 |
| HR 2191 | Protecting Homeowners from Disaster Act of 2021 | Related bill | Mar 26, 2021 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Mar 25, 2021Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.