3.0.0 2145 2022-11-01T19:17:11Z 2022-11-01T19:17:11Z House HR 2019-04-09 116 [Congressional Record Volume 165, Number 61 (Tuesday, April 9, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. RICE of South Carolina:H.R. 2145.Congress has the power to enact this legislation pursuantto the following:The Congress shall have Power To lay and collect Taxes,Duties, Imposts and Excises, to pay the Debts and provide forthe common Defence and general Welfare of the United States;but all Duties, Imposts and Excises shall be uniformthroughout the United States[Page H3218]]]> hswm00 Ways and Means Committee House Standing Referred to 2019-04-09T14:01:20Z Further Consolidated Appropriations Act, 2020 116 1865 HR 2019-12-20 Became Public Law No: 116-94. Related bill CRS Disaster Tax Relief Act of 2019 116 2284 HR 2019-04-10 Referred to the House Committee on Ways and Means. Related bill CRS TREAD Act 116 3287 HR 2019-06-13 Referred to the House Committee on Ways and Means. Related bill CRS Taxpayer Certainty and Disaster Tax Relief Act of 2019 116 3301 HR 2020-01-21 Placed on the Union Calendar, Calendar No. 300. Related bill CRS A bill to amend the Internal Revenue Code of 1986 to extend certain expiring provisions, to provide disaster tax relief, and for other purposes. 116 617 S 2019-03-04 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 28. Related bill CRS Disaster Tax Relief Act of 2019 116 1133 S 2019-04-10 Read twice and referred to the Committee on Finance. Related bill CRS Hurricanes Florence and Michael and California Wildfire Tax Relief Act 116 2544 S 2019-09-25 Read twice and referred to the Committee on Finance. Related bill CRS Hurricane Florence Tax Relief Act 116 536 HR 2019-01-14 Referred to the House Committee on Ways and Means. Related bill CRS Disaster Certainty Act of 2019 116 1095 HR 2019-02-07 Referred to the House Committee on Ways and Means. Related bill CRS 2018 Natural Disasters Tax Relief Act 116 1148 HR 2019-02-11 Referred to the House Committee on Ways and Means. Related bill CRS 2019-04-09 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2019-04-09 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-04-09 Introduced in House IntroReferral 1000 9 Library of Congress R000597 Rep. Rice, Tom [R-SC-7] Tom Rice R SC 7 N S001189 Rep. Scott, Austin [R-GA-8] Austin Scott R GA 8 2019-04-09 True D000628 Rep. Dunn, Neal P. [R-FL-2] Neal Dunn R FL P. 2 2019-04-09 True R000603 Rep. Rouzer, David [R-NC-7] David Rouzer R NC 7 2019-04-09 True Taxation Charitable contributions Disaster relief and insurance Government employee pay, benefits, personnel management Guam Income tax credits Income tax deductions Income tax deferral Income tax exclusion Natural disasters Northern Mariana Islands Tax administration and collection, taxpayers Tax treatment of families U.S. territories and protectorates Wages and earnings Taxation 00 2019-04-09 Introduced in House 2020-03-03T13:46:19Z Disaster Tax Relief Act of 2019

This bill allows various tax credits, tax deductions, and modifications to existing rules for individuals and businesses affected by certain federally declared disasters that began after January 1, 2018, and before the enactment of this bill.

With respect to individuals and businesses in the affected areas, the bill

  • waives the 10% additional tax on certain early distributions from retirement plans,
  • permits individuals to recontribute funds to retirement plans if the funds were distributed for a home purchase that was cancelled on account of a disaster,
  • increases the limit and extends the repayment deadline for loans from retirement plans,
  • allows an employee retention tax credit for employers affected by disasters,
  • temporarily suspends the limitation on tax deductions for charitable contributions for relief efforts in disaster areas,
  • modifies the rules for the deduction for personal casualty losses,
  • allows taxpayers residing in disaster areas to use earned income from the immediately preceding year for the purpose of determining earned income for the earned income tax credit and the child tax credit, and
  • automatically extends tax filing deadlines for taxpayers who have a principal residence or place of business located in a disaster area.

The bill also requires the Department of the Treasury to make payments to certain U.S. possessions to either compensate for revenue lost due to specified provisions in the bill or allow residents to benefit from the provisions.

]]> Disaster Tax Relief Act of 2019 Display Title Disaster Tax Relief Act of 2019 Official Title as Introduced To provide disaster relief. Introduced in House IH Short Title(s) as Introduced Disaster Tax Relief Act of 2019 Introduced in House IH Introduced in House 2019-04-09T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr2145ih/xml/BILLS-116hr2145ih.xml 2019-04-09 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.