118th Congress · HOUSE BILLBILL

H.R. 2684 — Capital Loss Inflation Fairness Act

“To amend the Internal Revenue Code of 1986 to increase the limitation on capital losses and index the limitation to inflation.”

Taxation

Introduced Apr 18, 2023

Last action Apr 18, 2023

Pipeline · Bill → Law

Step 1

Introduced

Apr 18, 2023

Step 2

Referred

Apr 18, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill increases the allowance for capital losses and adjusts the increased allowance amount for inflation after 2023.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Apr 18, 2023

Introduced in House

Apr 18, 2023

Referred to the House Committee on Ways and Means.