House bill · 119th Congress · Latest step: Introduced
Capital Loss Inflation Fairness Act
Official title: To amend the Internal Revenue Code of 1986 to increase the limitation on capital losses and index the limitation to inflation.
Sponsor: Rep. Ralph Norman R-SCWhere it went
- IntroducedOct 1, 2026
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Oct 1, 2026 — Referred to the House Committee on Ways and Means.
Cost and committee reports
Official records Congress.gov attaches to H.R. 10690.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. NORMAN, as printed in the Congressional Record (Vol. 172, No. 156, October 1, 2026, Page H6020):Congressman Ralph Norman is introducing this bill through the powers granted by the U.S. Constitution under Section 1, Article 8.Source: Congress.gov, Congressional Record October 1, 2026 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 129 characters
- Congress.gov bill record
- H.R. 10690, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/10690
- Record last updated by Congress.gov
- October 14, 2026
- PORKER copy retrieved
- October 19, 2026
- Stored copy, SHA-256 of the file
fce01389c8d1a86416caa517c3dbfa53acd5c7c512f7ee9cb4641452f462eaf4
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of October 14, 2026). Not every bill gets one.
From the Congress.gov bill record for H.R. 10690, last updated October 14, 2026. PORKER’s copy was retrieved October 19, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
7 cosponsors — 7 Republicans
0 of 7 cosponsors (0%) are from the other party.
Sheri Biggs (R-SC), Michael Cloud (R-TX), Andy Harris (R-MD), Thomas Kean (R-NJ), Thomas Massie (R-KY), Richard McCormick (R-GA), Scott Perry (R-PA).
More from the sponsor
Other 119th Congress bills sponsored by Rep. Ralph Norman.
- H.R. 3377 (119th) To authorize the President to award the Medal of Honor to James Capers, Jr., for acts of valor as a member of the Marine Corps during the…
- H.R. 4463 (119th) To amend the Catawba Indian Tribe of South Carolina Land Claims Settlement Act of 1993.
- H.R. 6536 (119th) Rural Depositories Revitalization Study Act
- H.J.Res. 12 (119th) Proposing an amendment to the Constitution of the United States to limit the number of terms that a Member of Congress may serve.
- H.Res. 888 (119th) Censuring and condemning Delegate Stacey Plaskett and removing her from the House Permanent Select Committee on Intelligence for conduct…
- H.J.Res. 128 (119th) Proposing an amendment to the Constitution of the United States to prohibit Members of Congress from receiving compensation for any period…
Related bills
- H.R. 2684 (118th) Capital Loss Inflation Fairness ActCross-Congress related bill
- H.R. 9524 (117th) Capital Loss Inflation Fairness ActCross-Congress related bill
Relationships as recorded by Congress.gov.
Sponsor’s state and district
Data as of Oct 19, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.