All Roll Calls
Yes: 408 • No: 17
119-hr-9500119th CongressWALLET
Tax Relief for Fraud Victims Act
Sponsored By: Representative Miller, Max L. [R-OH-7]
Passed House
Summary
Expands casualty-loss tax relief. This bill would repeal the cap on personal casualty loss deductions and create optional, discovery-based relief and extended claim rules for theft losses involving fraud.
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Bill Overview
Analyzed Economic Effects
4 provisions identified: 4 benefits, 0 costs, 0 mixed.
Bigger deductions for casualty losses
This bill would remove the cap on personal casualty loss deductions. You would be able to claim larger deductions for qualifying losses. The change would apply to tax years starting after December 31, 2025. Some losses from 2021 through 2025 would get earlier relief under special rules in the bill.
More time and choice for theft losses
Theft losses would be claimed in the year you discover them. If the theft involved fraud, deceit, or misrepresentation, you would be able to elect to claim the loss in the year it happened. For fraud‑related theft losses, you would have at least one year after discovery to file a refund or credit claim. The usual time bar in section 6511(b)(2) would not apply to these claims. These changes would apply mainly to tax years beginning after December 31, 2025, with special rules for some earlier losses.
Repay fraud-related retirement withdrawals
If a retirement withdrawal was tied to a theft loss involving fraud, you would be allowed to repay it. You would have one year after you discover the loss to repay, instead of the usual three years. You would also have at least one year after discovery to file for a refund, and section 6511(b)(2) would not apply. This would apply to withdrawals made after December 31, 2020. If you found the loss before enactment, the enactment date would be treated as your discovery date for these one‑year windows.
Special relief for fraud and pyrrhotite losses
The bill would define “specified personal casualty loss” to include fraud‑related theft losses and home damage from pyrrhotite‑weakened concrete. These losses would need to be sustained after December 31, 2020 and before January 1, 2026. For pyrrhotite losses in that window, the deadline to file refund claims would not end earlier than one year after enactment, and section 6511(b)(2) would not apply. If you discovered a fraud‑related loss before enactment, the enactment date would count as your discovery date for the one‑year filing and repayment rules. Treasury would have to process eligible claims within two years after you file.
Sponsors & CoSponsors
Sponsor
Miller, Max L. [R-OH-7]
OH • R
Cosponsors
Rep. Suozzi, Thomas R. [D-NY-3]
NY • D
Sponsored 6/29/2026
Rep. Buchanan, Vern [R-FL-16]
FL • R
Sponsored 8/10/2026
Roll Call Votes
house vote • 9/15/2026
On Motion to Suspend the Rules and Pass, as Amended
Yes: 408 • No: 17