3.0.0 6137 2023-01-11T13:33:45Z 2023-01-11T13:33:45Z House HR 2016-09-22 114 [Congressional Record Volume 162, Number 144 (Thursday, September 22, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BOUSTANY:H.R. 6137.Congress has the power to enact this legislation pursuantto the following:Clause 1 of Section 8 of Article I and Amendment XVI of theUnited States Constitution.[Page H5866]]]> hswm00 Ways and Means Committee House Standing Referred to 2016-09-22T14:01:45Z Flood Emergency Tax Relief Act of 2016 (FLETRA) 114 3358 S 2016-09-20 Read twice and referred to the Committee on Finance. Related bill CRS 2016-09-22 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2016-09-22 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-09-22 Introduced in House IntroReferral 1000 9 Library of Congress B001255 Rep. Boustany, Charles W., Jr. [R-LA-3] Charles Boustany R LA W. 3 N Taxation Atmospheric science and weather Books and print media Capital gains tax Charitable contributions Disaster relief and insurance Economic development Elementary and secondary education Employee benefits and pensions Floods and storm protection Forests, forestry, trees Hazardous wastes and toxic substances Housing finance and home ownership Income tax credits Income tax deductions Income tax deferral Income tax exclusion Louisiana Low- and moderate-income housing Motor vehicles Poverty and welfare assistance Residential rehabilitation and home repair Securities Small business Social work, volunteer service, charitable organizations Tax administration and collection, taxpayers Teaching, teachers, curricula Transportation costs Wages and earnings Taxation 00 2016-09-22 Introduced in House 2017-03-29T19:53:31Z Louisiana Flood and Storm Devastation Tax Relief Act of 2016

This bill amends the Internal Revenue Code to modify several tax provisions and rules for individuals and businesses affected by storms and flooding in Louisiana.

The bill applies to the area with respect to which a major disaster has been declared by the President under the Robert T. Stafford Disaster Relief and Emergency Assistance Act:

  • before September 3, 2016, by reason of severe storms and flooding occurring in Louisiana during August of 2016; and
  • before April 21, 2016, by reason of severe storms and flooding occurring in Louisiana during March and April of 2016.

For individuals and businesses in the specified Louisiana storm and flood disaster area, the bill modifies tax provisions and rules regarding: (1) early withdrawals of retirement funds; (2) employment-related tax credits; (3) charitable contributions; (4) and various tax deductions, exclusions, and credits related to losses and recovery from the storms and flooding.

]]> Louisiana Flood and Storm Devastation Tax Relief Act of 2016 Display Title Louisiana Flood and Storm Devastation Tax Relief Act of 2016 Official Title as Introduced To provide emergency tax relief for persons affected by severe storms and flooding occurring in Louisiana. Introduced in House IH Short Titles as Introduced Louisiana Flood and Storm Devastation Tax Relief Act of 2016 Introduced in House 2016-09-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr6137ih/xml/BILLS-114hr6137ih.xml 2016-09-22 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.