Secure Family Futures Act of 2025

Key Points

• This bill changes tax rules for certain insurance companies that hold notes and bonds, starting after December 31, 2025.
• It would treat those debt investments as not being “capital assets,” which can change how gains and losses on those investments are taxed.
• It would let these insurance companies carry capital losses forward for 10 years instead of 5, giving them more time to use losses to reduce future taxes.
• The changes apply to most insurance companies, but the bill lists specific types that would not qualify, including some foreign and special-tax-status insurers.
• Most people won’t see a direct change on their tax return, but it could affect how some insurers manage investments and costs over time. काम

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.