To amend the Internal Revenue Code of 1986 to establish a deduction for attorney fees awarded with respect to certain wildfire damages and to exclude from gross income settlement funds received with respect to such damages.

3.0.0 176 2024-07-24T15:23:56Z 2024-07-24T15:23:56Z House H HR 2023-01-09 118 [Congressional Record Volume 169, Number 7 (Monday, January 9, 2023)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. LaMALFA:H.R. 176.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 18 of the United StatesConstitution[Page H112]]]> hswm00 Ways and Means Committee House Standing Referred to 2023-01-09T22:14:25Z 2023-01-10 Sponsor introductory remarks on measure. (CR H120) IntroReferral B00100 9 Library of Congress 2023-01-09 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2023-01-09 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-01-09 Introduced in House IntroReferral 1000 9 Library of Congress L000578 Rep. LaMalfa, Doug [R-CA-1] Doug LaMalfa R CA 1 N T000460 Rep. Thompson, Mike [D-CA-4] MIKE THOMPSON D CA 4 2023-01-09 True M001177 Rep. McClintock, Tom [R-CA-5] Tom McClintock R CA 5 2023-01-09 True H001068 Rep. Huffman, Jared [D-CA-2] Jared Huffman D CA 2 2023-01-09 True B001285 Rep. Brownley, Julia [D-CA-26] Julia Brownley D CA 26 2023-02-06 False H001094 Rep. Hoyle, Val T. [D-OR-4] Val Hoyle D OR T. 4 2023-02-17 False K000401 Rep. Kiley, Kevin [R-CA-3] Kevin Kiley R CA 3 2023-05-02 False N000191 Rep. Neguse, Joe [D-CO-2] Joe Neguse D CO 2 2023-05-09 False P000613 Rep. Panetta, Jimmy [D-CA-19] Jimmy Panetta D CA 19 2023-05-09 False M001225 Rep. Mullin, Kevin [D-CA-15] Kevin Mullin D CA 15 2023-05-10 False P000618 Rep. Porter, Katie [D-CA-47] Katie Porter D CA 47 2023-05-26 False N000189 Rep. Newhouse, Dan [R-WA-4] Dan Newhouse R WA 4 2023-07-11 False C001059 Rep. Costa, Jim [D-CA-21] Jim Costa D CA 21 2023-07-27 False E000215 Rep. Eshoo, Anna G. [D-CA-16] ANNA ESHOO D CA G. 16 2023-07-27 False G000559 Rep. Garamendi, John [D-CA-8] John Garamendi D CA 8 2023-09-22 False H001090 Rep. Harder, Josh [D-CA-9] Josh Harder D CA 9 2023-10-17 False Taxation Taxation 2023-02-16T17:45:36Z

00 2023-01-09 Introduced in House 2023-02-17T19:25:53Z This bill allows a deduction from gross income (above the line deduction) for attorney fees and court costs awarded with respect to a qualifying wildfire disaster (i.e., any forest or range fire that is a federally declared disaster, occurs in a disaster area, and occurs in 2015 or later).

The bill excludes from the gross income of a taxpayer, for income tax purposes, amounts paid to compensate victims for losses or damages in connection with a qualifying wildfire disaster.

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To amend the Internal Revenue Code of 1986 to establish a deduction for attorney fees awarded with respect to certain wildfire damages and to exclude from gross income settlement funds received with respect to such damages. Display Title 45 To amend the Internal Revenue Code of 1986 to establish a deduction for attorney fees awarded with respect to certain wildfire damages and to exclude from gross income settlement funds received with respect to such damages. 2024-07-24T15:23:56Z Official Title as Introduced 6 To amend the Internal Revenue Code of 1986 to establish a deduction for attorney fees awarded with respect to certain wildfire damages and to exclude from gross income settlement funds received with respect to such damages. 2024-03-18T20:10:45Z Introduced in House IH Introduced in House 2023-01-09T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr176ih/xml/BILLS-118hr176ih.xml 2023-01-10 Sponsor introductory remarks on measure. (CR H120) 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.