CONGRESS FOR VOTERS

Randy Feenstra (R-IA)

Secure Family Futures Act of 2025

H.R. 2547 · House bill Taxation

A Republican bill with 20 Democratic cosponsors · See all 54 cosponsors

Last activity — Referred to the House Committee on Ways and Means.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the Secure Family Futures Act of 2025'', aims to change how certain insurance companies are taxed. It proposes amending the Internal Revenue Code of 1986 to exclude debt held by applicable insurance companies'' from being treated as capital assets. Additionally, the bill seeks to extend the period for capital loss carryovers for these specific companies from 5 years to 10 years. The changes regarding debt exclusion apply to assets acquired after December 31, 2025. The changes regarding capital loss carryovers apply to net capital losses arising in years beginning after December 31, 2025.

Yes

  • Scored +3

    Would business owners be better off under this?

    The bill benefits insurance companies by providing more favorable tax treatments for capital losses.

  • Scored +3

    Does this cut the tax on profits from selling investments?

    The bill provides tax relief to insurance companies by extending the period to utilize capital losses.

The opposite

No question was scored the opposite.