Secure Family Futures Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 10
- Latest action
- Apr 8, 2025
What it does
The Secure Family Futures Act of 2025 would amend the Internal Revenue Code to exclude debt instruments held by certain insurance companies from being treated as capital assets and to extend the capital loss carryover period for such companies from 5 to 10 years. The bill applies to applicable insurance companies, defined as most insurance companies except those with specific elections under sections 831(b) or 835(a), foreign corporations under section 842, organizations under section 833, or face-amount certificate companies registered under the Investment Company Act of 1940. These changes would take effect for debt acquired and capital losses arising after December 31, 2025.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.