Discussion · House of Representatives

Jason Smith Republican

“I want the House to pass this bill. It gives tax relief to people who lose money to fraud, scams, or other personal losses.”
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Official Congressional Record

Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 9500) to amend the Internal Revenue Code of 1986 to repeal the limitation on deductions for personal casualty losses and to provide for increased taxpayer relief with respect to theft losses involving fraud, deceit, or misrepresentation, as amended. The Clerk read the title of the bill. The text of the bill is as follows:

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