of the Internal Revenue Code of 1986 is amended by striking $1,000,000 ($500,000 and inserting $750,000 ($375,000 . (d) Conforming amendments Section 163(h)(3) of the Internal Revenue Code of 1986 is amended— (1) in the heading of subparagraph (D)(ii), by striking $1,000,000 , and (2) by striking subparagraph (F). (e) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2017. 15. Permanent extension of modifications to deduction for personal casualty losses (a) In general Paragraph (5) of section 165(h) of the Internal Revenue Code of 1986 is amended— (1) by striking , and before January 1, 2026 in subparagraph (A), and (2) by striking 2018 through 2025 in the heading and inserting after 2017 . (b) Effective date The amendments made by this section shall apply to losses incurred in taxable years beginning after December 31, 2017. 16. Repeal of miscellaneous itemized deductions (a) In general Section 67 of the Internal Revenue Code of 1986 is amended— (1) by striking subsection (a) and inserting the following: (a) General rule No miscellaneous itemized deduction shall be allowed for any taxable year beginning after December 31, 2017. . (2) by striking subsection (g), and (3) by striking 2-percent floor on in the heading and inserting Treatment of . (b) Conforming amendment The table of sections for part I of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by striking 2-percent floor on in the item relating to section 67 and inserting Treatment of . (c) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2017. 17. Repeal of overall limitation on itemized deductions (a) In general Part 1 of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by striking section 68 (and the item relating to such section in the table of sections for such part). (b) Conforming amendments (1) Section 1(f)(7) of the Internal Revenue Code of 1986 is amended by striking section