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.

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.