,,ii  #aagth ,,congress  #ast ,session  
,s4 #ajbg  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,march #be1    
#bjba,mr4 ,blumenthal 7for himself1 ,mr4
 ,murphy1 ,mr4 ,markey1 and ,ms4        
,warren7 introduced the following bill2 
which was read twice and referred to the
 ,committee on ,finance  ,a ,,bill  ,to 
amend the ,internal ,revenue ,code of   
#aihf to repeal the temporary limitation
 on personal casualty losses1 and for   
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,tax           
,assistance for ,crumbling ,foundations 
,act4  #b4 ,repeal of temporary         
limitation on personal casualty losses  
7a7 ,in general ,section #afe7;h7 of the
 ,internal ,revenue ,code of #aihf is   
amended by striking paragraph 7#e74  7b7
 ,conforming amendment ,section #feaa of
 such ,code is amended by adding at the 
end the following new subsection3  7j7  
,extension of period of limitation on   
filing claim in certain circumstances   
,in the case of any credit or refund    

properly allocable to a deduction under 
section #afe7;h7 for the first taxable  
year beginning in #bjag1 subsection 7a7 
shall by applied by substituting #b     
years with #c years in each place it    
appears1 and #c years with #d years in  
each place it appears4  4  7c7          
,effective date ,the amendments made by 
this section shall apply to losses      
incurred in taxable years beginning     
after ,december #ca1 #bjag4  7d7        
,regulations ,the ,secretary of the     
,treasury 7or the ,secretary's delegate7
 shall issue such regulations or other  
guidance as are necessary to implement  
the amendments made by this section1    
including regulations or guidance       
consistent with ,revenue ,procedure     
#bjag-fj4