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A bill to allow an income tax exception to limitations on personal casualty losses for losses occurring in tornado disaster areas.

2/14/2008--Introduced.

Suspends limitations on the tax deduction for personal casualty losses for losses arising on or after January 1, 2007, and before March 1, 2008, in areas declared as major disasters due to tornado damage.

Latest Actions
  • 02/14/2008 - Read twice and referred to the Committee on Finance.
Bill Text
File name Last Updated
S.2649 Introduced in Senate02/20/2008