This proposal would amend the Internal Revenue Code to increase the limit on capital losses and adjust that limit for inflation. The bill text does not provide the new limit or details about how the adjustment would work.
If enacted, the proposal would change the tax rules for capital losses. The available information does not specify who would qualify or how much the limit would increase.
No publicly available information.
No publicly available information about the sponsors' views on the proposal.
No publicly available information.