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Tax Relief for Victims of Crimes, Scams, and Disasters Act

Bill Number
H.R. 3469
Origin Chamber
House
Congress
119th Congress, Session 1
Policy Area
Taxation
Status
Introduced
Latest Action
2025-05-15: Referred to the House Committee on Ways and Means.
Last Updated
2026-06-30T08:07:16Z

AI-Generated Summary

Purpose

This legislation aims to restore a tax deduction for individuals who suffer personal casualty losses—such as damage from theft, scams, accidents, or disasters—allowing them to reduce their taxable income by the amount of these losses. It reverses a prior restriction that limited such deductions to only federally declared disasters, providing relief to victims who were previously ineligible.

Key Provisions

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Steube, W. Gregory [R-FL-17]

Cosponsors (43)

Rep. Panetta, Jimmy [D-CA-19], Rep. Diaz-Balart, Mario [R-FL-26], Rep. Ezell, Mike [R-MS-4], Rep. Raskin, Jamie [D-MD-8], Rep. McGovern, James P. [D-MA-2], Rep. Lee, Laurel M. [R-FL-15], Rep. Pettersen, Brittany [D-CO-7], Rep. Kiley, Kevin [R-CA-3], Rep. Beatty, Joyce [D-OH-3], Rep. Nunn, Zachary [R-IA-3], Rep. Balint, Becca [D-VT-At Large], Rep. Gill, Brandon [R-TX-26], Rep. McClain Delaney, April [D-MD-6], Rep. Shreve, Jefferson [R-IN-6], Rep. Titus, Dina [D-NV-1], Rep. Houchin, Erin [R-IN-9], Rep. Trahan, Lori [D-MA-3], Rep. Weber, Randy K. Sr. [R-TX-14], Rep. Amo, Gabe [D-RI-1], Rep. Lawler, Michael [R-NY-17], Rep. Vindman, Eugene Simon [D-VA-7], Rep. Salazar, Maria Elvira [R-FL-27], Rep. McBride, Sarah [D-DE-At Large], Rep. Wied, Tony [R-WI-8], Rep. Min, Dave [D-CA-47], Rep. Fine, Randy [R-FL-6], Rep. Riley, Josh [D-NY-19], Rep. Mace, Nancy [R-SC-1], Rep. McDonald Rivet, Kristen [D-MI-8], Rep. McDowell, Addison P. [R-NC-6], Rep. Ross, Deborah K. [D-NC-2], Rep. Smith, Adam [D-WA-9], Rep. Van Drew, Jefferson [R-NJ-2], Rep. Vargas, Juan [D-CA-52], Rep. Kiggans, Jennifer A. [R-VA-2], Rep. Westerman, Bruce [R-AR-4], Rep. Subramanyam, Suhas [D-VA-10], Rep. Kim, Young [R-CA-40], Rep. Whitesides, George [D-CA-27], Rep. Pappas, Chris [D-NH-1], Rep. Moore, Blake D. [R-UT-1], Rep. Smith, Christopher H. [R-NJ-4], Rep. Vasquez, Gabe [D-NM-2]

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