To amend the Internal Revenue Code of 1986 to remove the limitation on deductions for theft losses involving fraud, deceit, or misrepresentation and to allow such deductions without regard to whether the taxpayer itemizes other deductions.

Cost and committee reports

Official records Congress.gov attaches to H.R. 10891.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. MORELLE, as printed in the Congressional Record (Vol. 172, No. 163, October 22, 2026, Page H6058):
  This bill is enacted pursuant to the power granted to Congress under Article I, Section 8, Clause 1 of the United States Constitution.
  Source: Congress.gov, Congressional Record October 22, 2026 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  134 characters

  Congress.gov bill record

  H.R. 10891, 119th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/119/hr/10891

  Record last updated by Congress.gov

  October 23, 2026

  PORKER copy retrieved

  October 23, 2026

  Stored copy, SHA-256 of the file

  764354027fdd896cded46b3c1650907dbcaf940dec602e70e965225059c3d3ad

  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 23, 2026). Not every bill gets one.

From the Congress.gov bill record for H.R. 10891, last updated October 23, 2026. PORKER’s copy was retrieved October 23, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.