HR 3073 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to allow a deduction in computing gross income for theft losses sustained by individuals, for certain amounts paid to protect against theft, for medical expenses caused by criminal conduct, and for funeral expenses of victims of crime.

Introduced 1975-02-06· Sponsored by Rep. Wolff, Lester L. [D-NY-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-02-06)

Plain Language Summary

[AI summary unavailable — showing source text] Allows a deduction under the Internal Revenue Code of 1954 of up to $300 for items purchased to protect against theft. Allows a tax deduction for the medical care and or funeral expenses incurred by a victim of crime.…

Summarized by Claude AI · Non-partisan · For informational purposes only