Close a tax loophole that allows companies to sell assets at a loss to related businesses to reduce their tax bills.
One policy goal, tracked across every bill that has carried it.
What’s happening with Fire Sale Loophole Closing Act of 2025?
The Fire Sale Loophole Closing Act of 2025 remains in the House Committee on the Judiciary as of June 26, 2025. The committee members must act next to hold a vote, but most bills fail because they never receive a committee hearing. This effort has seen no progress since June 26, 2025, and it faces the same hurdle as the previous version that expired in 2023.
Updated July 9, 2026 · Generated by AI. Always verify with official sources.
Where it stands
Now carried by Fire Sale Loophole Closing Act of 2025 (H.R. 4222 (119th)) →
Legislative Progress
How we got here
Every bill that has carried this goal, oldest first.
Died with Congress · Jan 3, 2025
Died when the 118th Congress ended without final passage. Bills must be reintroduced under a new number to be revived.
Reintroduced · Jan 3, 2025
Reintroduced from H.R. 6014 (118th), which died when its Congress ended.
H.R. 6014 (118th) →
Vehicles
Who’s behind it
Madeleine Dean (D-PA)Wrote and sponsored the current bill.