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119th Congress · H.R. 10690 · Introduced

Capital Loss Inflation Fairness Act

Latest action Oct 1, 2026: Referred to the House Committee on Ways and Means.

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XML scalars

congress
119
type
HR
number
10690
originChamber
House
originChamberCode
H
introducedDate
2026-10-01
updateDate
2026-10-14T19:41:07Z
updateDateIncludingText
2026-10-14T19:41:07Z
title
Capital Loss Inflation Fairness Act
legislationUrl
https://www.congress.gov/bill/119th-congress/house-bill/10690

Constitutional authority statement (CDATA)

[Congressional Record Volume 172, Number 156 (Thursday, October 1, 2026)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. NORMAN:H.R. 10690.Congress has the power to enact this legislation pursuantto the following:Congressman Ralph Norman is introducing this bill throughthe powers granted by the U.S. Constitution under Section 1,Article 8.[Page H6020]

Pipeline

Track
federal_presidential
Stage
Introduced
Stage rank
3

Sponsor

  • Rep. Norman, Ralph [R-SC-5] · [R-SC-5] · N000190
    Rep-SC-5 current · 5 terms · @RepRalphNorman · 1 district office

Sponsor record (congress_legislators)

Bio (legislators)

bioguide
N000190
status
current
official_full
Ralph Norman
first
Ralph
middle
null
last
Norman
suffix
null
nickname
null
birthday
1953-06-20
gender
M

Current term (5 total)

type
rep
state
SC
district
5
class
null
party
Republican
caucus
null
start
2025-01-03
end
2027-01-03
end_type
null
how
null
url
https://norman.house.gov
address
569 Cannon House Office Building Washington DC 20515-4005
office
569 Cannon House Office Building
phone
202-225-5501
fax
null
contact_form
null
rss_url
null

Leadership roles (0)

none

Committee memberships (6)

  • Financial Institutions (house) · house · rank 7
  • House Committee on Financial Services (house) · house · rank 15 · site
  • House Committee on Rules (house) · house · rank 3 · site
  • House Committee on the Budget (house) · house · rank 2 · site
  • Housing and Insurance (house) · house · rank 5
  • Legislative and Budget Process (house) · house · rank 4

Social media

District offices (1)

  • 516 Oakland Ave, Rock Hill, SC, 29730 · 803-327-1114 · fax 803-327-4330 · 34.9371173,-81.030071

Other names (0)

none

Sponsor FEC record (fec_live)

Candidate record (candidates) · cycle 2026

candidate_id
H8SC05158
cycle
2026
name
NORMAN, RALPH W. JR.
party
REPUBLICAN PARTY
office
House
state
SC
district
05
incumbent_challenge
Incumbent
candidate_status
C
active_through
2026
election_year
null
first_file_date
2017-02-22
last_file_date
2025-02-13
last_f2_date
2025-02-13
address
null

Candidate summary (candidate_summaries) · cycle 2026

cycle
2026
total_receipts
$101,114.38
total_disbursements
$605,410.47
cash_on_hand_end_period
$90,314.59
debts_owed_by_committee
$0.00
coverage_start_date
2025-01-01
coverage_end_date
2026-06-30

Connected committees (0)

none

Cosponsors (7)

  • Rep. Biggs, Sheri [R-SC-3] · [R-SC-3] · B001325 · Co-sponsored 2026-10-01 · original
    Rep-SC-3 current · 1 term · @repsheribiggs · 1 district office
  • Rep. Harris, Andy [R-MD-1] · [R-MD-1] · H001052 · Co-sponsored 2026-10-01 · original
    Rep-MD-1 current · 8 terms · @RepAndyHarrisMD · 3 district offices
  • Rep. Cloud, Michael [R-TX-27] · [R-TX-27] · C001115 · Co-sponsored 2026-10-01 · original
    Rep-TX-27 current · 5 terms · @RepCloudTX · 2 district offices
  • Rep. Massie, Thomas [R-KY-4] · [R-KY-4] · M001184 · Co-sponsored 2026-10-01 · original
    Rep-KY-4 current · 8 terms · @RepThomasMassie · 2 district offices
  • Rep. Perry, Scott [R-PA-10] · [R-PA-10] · P000605 · Co-sponsored 2026-10-05
    Rep-PA-10 current · 7 terms · @RepScottPerry · 3 district offices
  • Rep. McCormick, Richard [R-GA-7] · [R-GA-7] · M001218 · Co-sponsored 2026-10-05
    Rep-GA-7 current · 2 terms · @RepMcCormick · 1 district office
  • Rep. Kean, Thomas H. [R-NJ-7] · [R-NJ-7] · K000398 · Co-sponsored 2026-10-05
    Rep-NJ-7 current · 2 terms · @CongressmanKean · 6 district offices

Committees (1)

  • Ways and Means Committee [House Standing]
    2026-10-01T15:41:05ZReferred To

Actions — from XML (3)

  • 2026-10-01IntroReferralH11100via House floor actions
    Referred to the House Committee on Ways and Means.
  • 2026-10-01IntroReferralIntro-Hvia Library of Congress
    Introduced in House
  • 2026-10-01IntroReferral1000via Library of Congress
    Introduced in House

Actions — from bill_actions table (0)

none

Titles

  • Display Title2026-10-06T07:23:20Z
    Capital Loss Inflation Fairness Act
  • Short Title(s) as IntroducedIH2026-10-06T07:23:19Z
    Capital Loss Inflation Fairness Act
  • Official Title as IntroducedIH2026-10-06T07:18:33Z
    To amend the Internal Revenue Code of 1986 to increase the limitation on capital losses and index the limitation to inflation.

Text versions (from XML)

Versions — from bill_versions table (0)

none

Policy area

Taxation

Summaries

none

Related bills

  • HR 9524 (117) Capital Loss Inflation Fairness Act
    Latest: 2022-12-14 — Referred to the House Committee on Ways and Means.
    Relationship: Cross-Congress related bill (via CRS)
  • HR 2684 (118) Capital Loss Inflation Fairness Act
    Latest: 2023-04-18 — Referred to the House Committee on Ways and Means.
    Relationship: Cross-Congress related bill (via CRS)

Amendments (0)

none

Laws

none

Committee reports

none

Calendar number

null

CBO cost estimates

none

Latest action

Date
2026-10-01
Text
Referred to the House Committee on Ways and Means.
Time
null

Dublin Core

format
text/xml
language
EN
rights
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
contributor
Congressional Research Service, Library of Congress
description
This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.

Row fields (debug)

id
19416
congress
119
bill_type
hr
bill_number
10690
bill_slug
hr-10690-119
title
Capital Loss Inflation Fairness Act
short_title
Capital Loss Inflation Fairness Act
sponsor_bioguide_id
N000190
sponsor_name
Rep. Norman, Ralph [R-SC-5]
sponsor_party
R
sponsor_state
SC
introduced_date
2026-10-01
latest_action_date
2026-10-01
latest_action_text
Referred to the House Committee on Ways and Means.
status
Committee
policy_area
Taxation
subjects_json
[]
govinfo_billstatus_path
BILLSTATUS-119hr10690
raw_billstatus_xml
<?xml version="1.0" encoding="utf-8" standalone="no"?> <billStatus> <version>3.0.0</version> <bill> <number>10690</number> <updateDate>2026-10-14T19:41:07Z</updateDate> <updateDateIncludingText>2026-10-14T19:41:07Z</updateDateIncludingText> <originChamber>House</originChamber> <originChamberCode>H</originChamberCode> <type>HR</type> <introducedDate>2026-10-01</in…
summary_lede
null
topic_primary
finance
topic_secondary_json
[]
action_family
committee_active
response_available
0
response_type
null
response_deadline
null
importance_score
null
consequence_score
null
urgency_score
null
overall_score
null
in_canopy
1
canopy_expires_at
2026-12-30
pipeline_track
federal_presidential
pipeline_stage
introduced
pipeline_stage_rank
3
stable_action_id
hr-10690-119
jurisdiction
federal
lock_status
open
lock_at
null
content_hash
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first_seen_at
2026-10-02T11:30:13.991670+00:00
last_seen_at
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⎔ AnchoredWhen angry, count ten before you speak; if very angry, a hundred.Epoch 2026-Q4