Hurricane Florence Tax Relief Act

3.0.0 2544 2022-11-01T13:49:50Z 2022-11-01T13:49:50Z Senate S 2019-09-25 116 ssfi00 Finance Committee Senate Standing Referred to 2019-09-25T18:51:13Z Hurricane Florence Tax Relief Act 116 536 HR 2019-01-14 Referred to the House Committee on Ways and Means. Related bill CRS Disaster Tax Relief Act of 2019 116 2145 HR 2019-04-09 Referred to the House Committee on Ways and Means. 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 Disaster Tax Relief Act of 2019 116 1133 S 2019-04-10 Read twice and referred to the Committee on Finance. Related bill CRS 2019-09-25 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2019-09-25 Introduced in Senate IntroReferral 10000 9 Library of Congress B001135 Sen. Burr, Richard [R-NC] Richard Burr R NC Mauze N T000476 Sen. Tillis, Thomas [R-NC] Thomas Tillis R NC Roland 2019-09-25 True F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2019-09-25 True H001075 Sen. Harris, Kamala D. [D-CA] Kamala Harris D CA D. 2019-09-25 True I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA 2019-09-25 True G000359 Sen. Graham, Lindsey [R-SC] Lindsey Graham R SC 2019-09-25 True R000595 Sen. Rubio, Marco [R-FL] Marco Rubio R FL 2019-09-25 True Taxation California Charitable contributions Disaster relief and insurance Employee benefits and pensions Fires Florida Forests, forestry, trees Income tax credits Income tax deductions Income tax exclusion Natural disasters North Carolina Poverty and welfare assistance South Carolina Tax administration and collection, taxpayers Tax treatment of families Virginia Wages and earnings Taxation

00 2019-09-25 Introduced in Senate 2019-10-09T17:46:31Z Hurricanes Florence and Michael and California Wildfire Tax Relief Act

This bill provides for tax relief for individuals in areas affected by Hurricanes Florence and Michael and the California wildfires. Specifically, it

allows tax-free distributions from tax-preferred pension plans for disaster-related expenses,
increases the limit on allowable loans from pension plans,
allows employers in disaster areas a tax credit to assist in retaining employees affected by disasters,
suspends the limitation on the tax deduction for charitable contributions for disaster relief,
allows nonitemizing taxpayers to claim personal casualty losses, and
allows the use of earned income for the preceding year for claiming the earning income and child tax credits.

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Hurricanes Florence and Michael and California Wildfire Tax Relief Act Display Title Hurricanes Florence and Michael and California Wildfire Tax Relief Act Short Title(s) as Introduced Hurricanes Florence and Michael and California Wildfire Tax Relief Act Introduced in Senate IS Official Title as Introduced A bill to provide tax relief for the victims of Hurricane Florence, Hurricane Michael, and certain California wildfires. Introduced in Senate IS Introduced in Senate 2019-09-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s2544is/xml/BILLS-116s2544is.xml 2019-09-25 Read twice and referred to the Committee on Finance. 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.