State Senator Tim Larson (D-East Hartford) released the following statement regarding today’s announcement by Congressman John B. Larson and Congressman Joseph P. Courtney that that the IRS will allow homeowners with crumbling foundations to claim a casualty loss deduction when filing their taxes.
“While the state budget provided some relief to crumbling foundation homeowners, I knew more needed to be done. So, shortly after passage of the bipartisan state budget, I reached out to our congressmen to emphasize the importance of their continued support on this issue. I’m very thankful to Congressman Larson and Congressman Courtney for their efforts, and I’m glad Connecticut homeowners suffering from crumbling concrete foundations are beginning to see the relief they advocated so strongly for.”
Attached: October 3rd letter from Sen. Larson to Congressman John B. Larson and Congressman Joseph P. Courtney regarding passage of the state budget that begins to address the financial concerns of Connecticut homeowners affected by crumbling concrete foundations.