HR 481 · 119th Congress · Taxation
Protecting Homeowners from Disaster Act of 2025
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2025-01-16)
Plain Language Summary
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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. …
Summarized by Claude AI · Non-partisan · For informational purposes only