DeepSyte matches this bill to the issues you care about and shows whether your reps' votes line up — not party, not press releases. Take the 2-minute values quiz to see your alignment.
Sign in and take the values quiz to see how this bill lines up with what you've said.
This bill amends the Internal Revenue Code to repeal the limitation on deductions for personal casualty losses and to provide enhanced tax relief for victims of theft involving fraud, deceit, or misrepresentation. It allows taxpayers to deduct theft losses in the year they discover the loss (or, for fraud-related thefts, in the year the loss occurred if the taxpayer elects). The bill extends the period for filing refund claims for fraud-related theft losses to one year after discovery and permits penalty-free early withdrawals from retirement accounts to cover such losses, with a one-year repayment window.
Sign in and take the values quiz to get a personalized read on how this bill lines up with your positions.
Sign in to see how your representatives voted on this bill.