S.1335

Secure Family Futures Act of 2025

Introduced·4/8/25

Secure Family Futures Act of 2025 modifies tax rules for certain insurance companies.

The Secure Family Futures Act of 2025 amends the Internal Revenue Code to exclude debt held by specific insurance companies from being classified as capital assets. It also extends the period for capital loss carryovers for these companies from 5 years to 10 years. These changes apply to net capital losses arising in taxable years beginning after December 31, 2025.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Finance Committee
Next
Committee decision

Sponsors

Democratic CaucusRepublican Caucus

History

Apr 8, 2025

Senate

Read twice and referred to the Committee on Finance.