The end date is struck from the casualty loss limitation
What the document says“Section 165(h)(5) is amended-- (1) in subparagraph (A), by striking ", and before January 1, 2026", and”
The section strikes the words and before January 1, 2026 from subparagraph (A) of section 165(h)(5) of the Internal Revenue Code of 1986, and replaces 2018 Through 2025 in the heading with Beginning After 2017.
What the document actually says“Section 165(h)(5) is amended-- (1) in subparagraph (A), by striking ", and before January 1, 2026", and”
Words setting an end date are taken out. Those words were and before January 1, 2026.
The heading is reworded to match. It now reads beginning after 2017. So the limit carries on with no end year.
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