3.0.0 2935 2023-01-12T17:52:54Z 2023-01-12T17:52:54Z House H HR 2007-06-28 110 hswm00 Ways and Means Committee House Standing Referred to 2007-06-28T14:08:15Z 110 3444 HR 2007-09-05 Sponsor introductory remarks on measure. (CR H10099-10100) Related bill CRS Text similarities House 110 1423 S 2007-05-17 Read twice and referred to the Committee on Finance. Related bill CRS 110 1532 S 2007-05-25 Ordered held at desk. Identical bill CRS 2007-06-28 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2007-06-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-06-28 Introduced in House IntroReferral 1000 9 Library of Congress M000934 Rep. Moran, Jerry [R-KS-1] Jerry Moran R KS 1 N T000260 Rep. Tiahrt, Todd [R-KS-4] TODD TIAHRT R KS 4 2007-06-28 True M001140 Rep. Moore, Dennis [D-KS-3] DENNIS MOORE D KS 3 2007-06-28 True B001258 Rep. Boyda, Nancy E. [D-KS-2] Nancy Boyda D KS E. 2 2007-06-28 True Taxation Annuities Bonds Capital gains tax Commerce Depreciation and amortization Disaster relief Dislocated workers Emergency Management Energy Environmental Protection Finance and Financial Sector Housing and Community Development Income tax Individual retirement accounts Kansas Labor and Employment Losses Public utilities Refuse and refuse disposal Rental housing Storms Tax credits Tax deductions Tax exclusion Tax-deferred compensation plans Tornadoes Wages Taxation

00 2007-06-28 Introduced in House 2007-07-03T20:40:42Z Kansas Disaster Tax Relief Assistance Act - Extends to businesses and individuals in certain Kansas counties declared by the President as major disaster areas under the Robert T. Stafford Disaster Relief and Emergency Assistance Act (FEMA-1699-DR, as in effect on the date of enactment of this Act) by reason of severe storms and tornados beginning on May 4, 2007, provisions of the Internal Revenue Code allowing: (1) suspension of certain limitations on personal casualty losses; (2) an extension of the period for replacing damaged property without recognizing gain; (3) an employee retention tax credit for affected businesses through 2007; (4) 50% bonus depreciation for affected businesses; (5) increased expensing of small business assets; (6) increased expensing of demolition and cleanup costs; (7) extended net operating loss carryback periods for losses attributable to storms and tornadoes and for public utility property disaster losses; (8) relaxed income verification requirements for tenants in low-income rental projects; and (9) penalty-free withdrawals and loans from individual retirement accounts and other tax-exempt pension plans.

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Display Title Official Title as Introduced Introduced in House IH Short Titles as Introduced Introduced in House 2007-06-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr2935ih/xml/BILLS-110hr2935ih.xml 2007-06-28 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.