[Congressional Record Volume 163, Number 156 (Thursday, September 28, 2017)]
[House]
[Pages H7602-H7614]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




    DISASTER TAX RELIEF AND AIRPORT AND AIRWAY EXTENSION ACT OF 2017

  The SPEAKER pro tempore. Pursuant to clause 1(c) of rule XIX, further 
consideration of the bill (H.R. 3823) to amend title 49, United States 
Code, to extend authorizations for the airport improvement program, to 
amend the

[[Page H7603]]

Internal Revenue Code of 1986 to extend the funding and expenditure 
authority of the Airport and Airway Trust Fund, to provide disaster tax 
relief, and for other purposes, will now resume.
  The Clerk read the title of the bill.
  The SPEAKER pro tempore. The question is on the engrossment and third 
reading of the bill.
  The bill was ordered to be engrossed and read a third time, and was 
read the third time.


                           Motion to Recommit

  Mr. NADLER. Mr. Speaker, I have a motion to recommit at the desk.
  The SPEAKER pro tempore. Is the gentleman opposed to the bill?
  Mr. NADLER. Mr. Speaker, I am opposed in its current form.
  The SPEAKER pro tempore. The Clerk will report the motion to 
recommit.
  The Clerk read as follows:

       Mr. Nadler moves to recommit the bill H.R. 3823 to the 
     Committee on Ways and Means with instructions to report the 
     same back to the House forthwith with the following 
     amendment:
       Page 58, strike lines 6 through 13, and insert the 
     following:
       (1) Payments to possessions.--
       (A) United states virgin islands.--The Secretary of the 
     Treasury shall pay to the United States Virgin Islands 
     amounts equal to 400 percent of the loss in revenues to the 
     United States Virgin Islands by reason of this title 
     (determined without regard to this subsection and subsection 
     (e)). Such amounts shall be determined by the Secretary of 
     the Treasury based on information provided by the United 
     States Virgin Islands.
       (B) Commonwealth of puerto rico.--The Secretary of the 
     Treasury shall pay to the Commonwealth of Puerto Rico amounts 
     equal to the per capita equivalent of amounts paid to the 
     United States Virgin Islands under subparagraph (A). For 
     purposes of the preceding sentence, the term ``per capita 
     equivalent'' means the ratio of--
       (i) the population of the Commonwealth of Puerto Rico, 
     determined on the basis of the most recent census estimate 
     released by the Bureau of Census before September 4, 2017, 
     divided by
       (ii) the population of the United States Virgin Islands, as 
     so determined.
       (C) Use of funds.--Subparagraphs (A) and (B) shall apply 
     only to the extent that the United States Virgin Islands or 
     the Commonwealth of Puerto Rico, as the case may be, has a 
     plan, which has been approved by the Secretary of the 
     Treasury, under which possession will use such amounts for 
     one or more of the following purposes:
       (i) Repair or surface infrastructure, including roads, 
     bridges, and tunnels.
       (ii) Repair of water and sewage systems.
       (iii) Repair and replacement of electric transmission and 
     distribution systems, telecommunications infrastructure, 
     cellular networks, and broadband infrastructure.
       (iv) Repair and replacement of hospitals.
       (v) Repair and replacement of elementary and secondary 
     schools.
       (vi) Repair, replacement, and creation of residential 
     housing.
       (vii) Environmental remediation.
       (viii) Health care costs of individuals.

     The preceding sentence shall not apply to so much of the 
     amounts paid to the United States Virgin Islands as do not 
     exceed 100 percent of the loss in revenues described in 
     subparagraph (A).
       Page 59, line 10, insert ``(and by reason of such 
     possession having a mirror code tax system)'' after ``by 
     reason of this title''.
       Page 59, after line 13, insert the following:
       (e) Extension of Application to Puerto Rico of Deduction 
     for Income Attributable to Domestic Production Activities.--
       (1) In general.--Section 199(d)(8)(C) of the Internal 
     Revenue Code of 1986 is amended--
       (A) by striking ``first 11 taxable years'' and inserting 
     ``first 16 taxable years'', and
       (B) by striking ``January 1, 2017'' and inserting ``January 
     1, 2023''.
       (2) Effective date.--The amendments made by this subsection 
     shall apply to taxable years beginning after December 31, 
     2016.
       (f) Sense of Congress Regarding Economic Support for U.S. 
     Virgin Islands and Puerto Rico Through Long-term Extension of 
     Rum Cover Over.--It is the sense of Congress that, as soon as 
     possible, section 7652(f)(1) of the Internal Revenue Code of 
     1986 should be extended retroactively, and for no fewer than 
     five years, to support the long-term economic recovery of the 
     United States Virgin Islands and the Commonwealth of Puerto 
     Rico.
       Page 59, after line 23, insert the following:

     SEC. 506. TIME FOR PAYMENT OF CORPORATE ESTIMATED TAXES.

       Notwithstanding section 6655 of the Internal Revenue Code 
     of 1986, in the case of a corporation with assets of not less 
     than $1,000,000,000 (determined as of the end of the 
     preceding taxable year)--
       (1) the amount of any required installment of corporate 
     estimated tax which is otherwise due in July, August, or 
     September of 2018 shall be increased by 1.75 percent of such 
     amount (determined without regard to any provision of law 
     which is not included in the Internal Revenue Code of 1986), 
     and
       (2) the amount of the next required installment after an 
     installment referred to in paragraph (1) shall be 
     appropriately reduced to reflect the amount of the increase 
     by reason of such paragraph.

     SEC. 507. EXPENSING OF QUALIFIED DISASTER EXPENSES.

       (a) In General.--Part VI of subchapter B of chapter 1 of 
     the Internal Revenue Code of 1986 is amended by inserting 
     after section 198 the following:

     ``SEC. 198A. EXPENSING OF QUALIFIED DISASTER EXPENSES.

       ``(a) In General.--A taxpayer may elect to treat any 
     qualified disaster expenses which are paid or incurred by the 
     taxpayer as an expense which is not chargeable to capital 
     account. Any expense which is so treated shall be allowed as 
     a deduction for the taxable year in which it is paid or 
     incurred.
       ``(b) Qualified Disaster Expense.--For purposes of this 
     section, the term `qualified disaster expense' means any 
     expenditure--
       ``(1) which is paid or incurred in connection with a trade 
     or business or with business-related property,
       ``(2) which is--
       ``(A) for the abatement or control of hazardous substances 
     that were released on account of a federally declared 
     disaster occurring during the period beginning--
       ``(i) after December 31, 2007, and before January 1, 2010, 
     or
       ``(ii) after December 31, 2011, and before January 1, 2016,
       ``(B) for the removal of debris from, or the demolition of 
     structures on, real property which is business-related 
     property damaged or destroyed as a result of a federally 
     declared disaster occurring during any such period, or
       ``(C) for the repair of business-related property damaged 
     as a result of a federally declared disaster occurring during 
     any such period, and
       ``(3) which is otherwise chargeable to capital account.
       ``(c) Other Definitions.--For purposes of this section--
       ``(1) Business-related property.--The term `business-
     related property' means property--
       ``(A) held by the taxpayer for use in a trade or business 
     or for the production of income, or
       ``(B) described in section 1221(a)(1) in the hands of the 
     taxpayer.
       ``(2) Federally declared disaster.--The term `federally 
     declared disaster' has the meaning given such term by section 
     165(i)(5)(A).
       ``(d) Deduction Recaptured as Ordinary Income on Sale, 
     etc.--Solely for purposes of section 1245, in the case of 
     property to which a qualified disaster expense would have 
     been capitalized but for this section--
       ``(1) the deduction allowed by this section for such 
     expense shall be treated as a deduction for depreciation, and
       ``(2) such property (if not otherwise section 1245 
     property) shall be treated as section 1245 property solely 
     for purposes of applying section 1245 to such deduction.
       ``(e) Coordination With Other Provisions.--Sections 198, 
     280B, and 468 shall not apply to amounts which are treated as 
     expenses under this section.
       ``(f) Regulations.--The Secretary shall prescribe such 
     regulations as may be necessary or appropriate to carry out 
     the purposes of this section.''.
       (b) Clerical Amendment.--The table of sections for part VI 
     of subchapter B of chapter 1 of the Internal Revenue Code of 
     1986 is amended by inserting after the item relating to 
     section 198 the following item:

``Sec. 198A. Expensing of qualified disaster expenses.''.

       (c) Effective Date.--The amendment made by this section 
     shall apply to amounts paid or incurred after December 31, 
     2011, in connection with disasters declared after such date.

     SEC. 508. INCREASED LIMITATION ON CHARITABLE CONTRIBUTIONS 
                   FOR DISASTER RELIEF.

       (a) Individuals.--Paragraph (1) of section 170(b) of the 
     Internal Revenue Code of 1986 is amended by redesignating 
     subparagraphs (F) and (G) as subparagraphs (G) and (H), 
     respectively, and by inserting after subparagraph (E) the 
     following new subparagraph:
       ``(F) Qualified disaster contributions.--
       ``(i) In general.--Any qualified disaster contribution 
     shall be allowed to the extent that the aggregate of such 
     contributions does not exceed the excess of 80 percent of the 
     taxpayer's contribution base over the amount of all other 
     charitable contributions allowable under this paragraph.
       ``(ii) Carryover.--If the aggregate amount of contributions 
     described in clause (i) exceeds the limitation under clause 
     (i), such excess shall be treated (in a manner consistent 
     with the rules of subsection (d)(1)) as a charitable 
     contribution to which clause (i) applies in each of the 5 
     succeeding years in order of time.
       ``(iii) Coordination with other subparagraphs.--For 
     purposes of applying this subsection and subsection (d)(1), 
     contributions described in clause (i) shall not be treated as 
     described in subparagraph (A) and such subparagraph shall be 
     applied without regard to such contributions.
       ``(iv) Qualified disaster contributions.--For purposes of 
     this subparagraph, the term `qualified disaster contribution' 
     means any charitable contribution if--

       ``(I) such contribution is for relief efforts related to a 
     federally declared disaster (as defined in section 
     165(h)(3)(C)(i)),

[[Page H7604]]

       ``(II) such contribution is made during the period 
     beginning on the applicable disaster date with respect to the 
     disaster described in subclause (I) and ending on December 
     31, 2015, and
       ``(III) such contribution is made in cash to an 
     organization described in subparagraph (A) (other than an 
     organization described in section 509(a)(3)).

     Such term shall not include a contribution if the 
     contribution is for establishment of a new, or maintenance in 
     an existing, donor advised fund (as defined in section 
     4966(d)(2)).
       ``(v) Applicable disaster date.--For purposes of clause 
     (iv)(II), the term `applicable disaster date' means, with 
     respect to any federally declared disaster described in 
     clause (iv)(I), the date on which the disaster giving rise to 
     the Presidential declaration described in section 
     165(i)(5)(A) occurred.
       ``(vi) Substantiation requirement.--This paragraph shall 
     not apply to any qualified disaster contribution unless the 
     taxpayer obtains from such organization to which the 
     contribution was made a contemporaneous written 
     acknowledgment (within the meaning of subsection (f)(8)) that 
     such contribution was used (or is to be used) for a purpose 
     described in clause (iv)(III).''.
       (b) Corporations.--
       (1) In general.--Paragraph (2) of section 170(b) of the 
     Internal Revenue Code of 1986 is amended by redesignating 
     subparagraph (C) as subparagraph (D) and by inserting after 
     subparagraph (B) the following new subparagraph:
       ``(C) Qualified disaster contributions.--
       ``(i) In general.--Any qualified disaster contribution 
     shall be allowed to the extent that the aggregate of such 
     contributions does not exceed the excess of 20 percent of the 
     taxpayer's taxable income over the amount of charitable 
     contributions allowed under subparagraph (A).
       ``(ii) Carryover.--If the aggregate amount of contributions 
     described in clause (i) exceeds the limitation under clause 
     (i), such excess shall be treated (in a manner consistent 
     with the rules of subsection (d)(1)) as a charitable 
     contribution to which clause (i) applies in each of the 5 
     succeeding years in order of time.
       ``(iii) Qualified disaster contribution.--The term 
     `qualified disaster contribution' has the meaning given such 
     term under paragraph (2)(F)(iv).
       ``(iv) Substantiation requirement.--This paragraph shall 
     not apply to any qualified disaster contribution unless the 
     taxpayer obtains from such organization to which the 
     contribution was made a contemporaneous written 
     acknowledgment (within the meaning of subsection (f)(8)) that 
     such contribution was used (or is to be used) for a purpose 
     described in paragraph (1)(F)(iv)(III).''.
       (2) Conforming amendments.--
       (A) Subparagraph (A) of section 170(b)(2) of such Code is 
     amended by striking ``subparagraph (B) applies'' and 
     inserting ``subparagraphs (B) and (C) apply''.
       (B) Subparagraph (B) of section 170(b)(2) of such Code is 
     amended by striking ``subparagraph (A)'' and inserting 
     ``subparagraphs (A) and (C)''.
       (c) Effective Date.--The amendments made by this section 
     shall apply to disasters arising in taxable years ending 
     after December 31, 2011.

     SEC. 509. LOSSES ATTRIBUTABLE TO DISASTERS IN 2012, 2013, 
                   2014, AND 2015.

       (a) In General.--Section 165(h) of the Internal Revenue 
     Code of 1986 is amended by redesignating paragraphs (3) and 
     (4) as paragraphs (4) and (5), respectively, and by inserting 
     after paragraph (2) the following:
       ``(3) Special rule for losses in federally declared 
     disasters.--
       ``(A) In general.--If an individual has a net disaster loss 
     for any taxable year, the amount determined under paragraph 
     (2)(A)(ii) shall be the sum of--
       ``(i) such net disaster loss, and
       ``(ii) so much of the excess referred to in the matter 
     preceding clause (i) of paragraph (2)(A) (reduced by the 
     amount in clause (i) of this subparagraph) as exceeds 10 
     percent of the adjusted gross income of the individual.
       ``(B) Net disaster loss.--For purposes of subparagraph (A), 
     the term `net disaster loss' means the excess of--
       ``(i) the personal casualty losses--

       ``(I) attributable to a federally declared disaster 
     occurring during the period beginning after December 31, 
     2007, and before January 1, 2010, or during the period 
     beginning after December 31, 2011, and before January 1, 
     2016, and
       ``(II) occurring in a disaster area, over

       ``(ii) personal casualty gains.
       ``(C) Federally declared disaster.--For purposes of this 
     paragraph--
       ``(i) Federally declared disaster.--The term `federally 
     declared disaster' has the meaning given such term by 
     subsection (i)(5)(A).
       ``(ii) Disaster area.--The term `disaster area' has the 
     meaning given such term by subsection (i)(5)(B).''.
       (b) Conforming Amendment.--Paragraph (4) of section 165(h) 
     of such Code, as so redesignated, is amended by striking 
     ``paragraph (2)'' and inserting ``paragraphs (2) and (3)''.
       (c) Loss Allowed Whether or Not Individual Itemized 
     Deductions.--Section 62(a) of the Internal Revenue Code of 
     1986 is amended by inserting after paragraph (21) the 
     following new paragraph:
       ``(22) Disaster casualty losses.--Any net disaster loss (as 
     defined in section 165(h)(3)(B)).''.
       (d) Technical Amendment.--Subparagraph (A) of section 
     165(i)(5) of the Internal Revenue Code of 1986 is amended by 
     inserting ``major'' after ``means any''.
       (e) Effective Date.--The amendments made by this section 
     shall apply to disasters declared in taxable years beginning 
     after December 31, 2011.
       (f) Use of Amended Income Tax Returns To Take Into Account 
     Receipt of Certain Casualty Loss Grants by Disallowing 
     Previously Taken Casualty Loss Deductions.--
       (1) In general.--Notwithstanding any other provision of the 
     Internal Revenue Code of 1986, if a taxpayer--
       (A) claims a deduction for any taxable year with respect to 
     a casualty loss to a principal residence (within the meaning 
     of section 121 of such Code) resulting from any federally 
     declared disaster (as defined in section 165(h)(3)(C) of such 
     Code) occurring during the period beginning after December 
     31, 2011, and before January 1, 2016, and
       (B) in a subsequent taxable year receives a grant under any 
     Federal or State program as reimbursement for such loss,

     such taxpayer may elect to file an amended income tax return 
     for the taxable year in which such deduction was allowed (and 
     for any taxable year to which such deduction is carried) and 
     reduce (but not below zero) the amount of such deduction by 
     the amount of such reimbursement.
       (2) Time of filing amended return.--Paragraph (1) shall 
     apply with respect to any grant only if any amended income 
     tax returns with respect to such grant are filed not later 
     than the later of--
       (A) the due date for filing the tax return for the taxable 
     year in which the taxpayer receives such grant, or
       (B) the date which is 1 year after the date of the 
     enactment of this Act.
       (3) Waiver of penalties and interest.--Any underpayment of 
     tax resulting from the reduction under paragraph (1) of the 
     amount otherwise allowable as a deduction shall not be 
     subject to any penalty or interest under such Code if such 
     tax is paid not later than 1 year after the filing of the 
     amended return to which such reduction relates.

     SEC. 510. NET OPERATING LOSSES ATTRIBUTABLE TO DISASTERS IN 
                   2012, 2013, 2014, AND 2015.

       (a) In General.--Section 172(b)(1) of the Internal Revenue 
     Code of 1986 is amended by adding at the end the following:
       ``(G) Certain losses attributable federally declared 
     disasters.--In the case of a taxpayer who has a qualified 
     disaster loss (as defined in subsection (i)), such loss shall 
     be a net operating loss carryback to each of the 5 taxable 
     years preceding the taxable year of such loss.''.
       (b) Rules Relating to Qualified Disaster Losses.--Section 
     172 of the Internal Revenue Code of 1986 is amended by 
     redesignating subsection (i) a subsection (j) and by 
     inserting after subsection (h) the following:
       ``(i) Rules Relating to Qualified Disaster Losses.--For 
     purposes of this section--
       ``(1) In general.--The term `qualified disaster loss' means 
     the lesser of--
       ``(A) the sum of--
       ``(i) the losses allowable under section 165 for the 
     taxable year--

       ``(I) attributable to a federally declared disaster (as 
     defined in section 165(i)(5)(A)) occurring during the period 
     beginning after December 31, 2007, and before January 1, 
     2010, or during the period beginning after December 31, 2011, 
     and before January 1, 2016, and
       ``(II) occurring in a disaster area (as defined in section 
     165(i)(5)(B)), and

       ``(ii) the deduction for the taxable year for qualified 
     disaster expenses which is allowable under section 198A(a) or 
     which would be so allowable if not otherwise treated as an 
     expense, or
       ``(B) the net operating loss for such taxable year.
       ``(2) Coordination with subsection (b)(2).--For purposes of 
     applying subsection (b)(2), a qualified disaster loss for any 
     taxable year shall be treated in a manner similar to the 
     manner in which a specified liability loss is treated.
       ``(3) Election.--Any taxpayer entitled to a 5-year 
     carryback under subsection (b)(1)(G) from any loss year may 
     elect to have the carryback period with respect to such loss 
     year determined without regard to subsection (b)(1)(G). Such 
     election shall be made in such manner as may be prescribed by 
     the Secretary and shall be made by the due date (including 
     extensions of time) for filing the taxpayer's return for the 
     taxable year of the net operating loss. Such election, once 
     made for any taxable year, shall be irrevocable for such 
     taxable year.
       ``(4) Exclusion.--The term `qualified disaster loss' shall 
     not include any loss with respect to any property described 
     in section 1400N(p)(3).''.
       (c) Effective Date.--The amendments made by this section 
     shall apply to losses arising in taxable years beginning 
     after December 31, 2011, in connection with disasters 
     declared after such date.

     SEC. 511. WAIVER OF CERTAIN MORTGAGE REVENUE BOND 
                   REQUIREMENTS FOLLOWING 2012, 2013, 2014, AND 
                   2015 DISASTERS.

       (a) In General.--Paragraph (13) of section 143(k) of the 
     Internal Revenue Code of 1986 is amended by striking ``before 
     January 1, 2010'' in subparagraphs (A)(i) and (B)(i) of such 
     paragraph and inserting ``during the period beginning after 
     December 31, 2007, and before January 1, 2010, or during the 
     period

[[Page H7605]]

     beginning after December 31, 2011, and before January 1, 
     2016''.
       (b) Effective Date.--The amendments made by this section 
     shall apply to disasters occurring after December 31, 2011.

     SEC. 512. INCREASED EXPENSING AND BONUS DEPRECIATION FOR 
                   QUALIFIED DISASTER ASSISTANCE PROPERTY 
                   FOLLOWING 2012, 2013, 2014, AND 2015 DISASTERS.

       (a) In General.--Subclause (I) of section 168(n)(2)(A)(ii) 
     of the Internal Revenue Code of 1986 is amended by striking 
     ``before January 1, 2010'' and inserting ``during the period 
     beginning after December 31, 2007, and before January 1, 
     2010, or during the period beginning after December 31, 2011, 
     and before January 1, 2016''.
       (b) Removal of Exclusion.--Section 168(n)(2)(B)(i) of such 
     Code is amended by inserting ``and'' at the end of subclause 
     (I), by striking ``, and'' at the end of subclause (II) and 
     inserting a period, and by striking subclause (III).
       (c) Effective Date.--The amendments made by this section 
     shall apply to property placed in service after December 31, 
     2011, with respect to disasters declared after such date.

     SEC. 513. INCREASE IN NEW MARKETS TAX CREDIT FOR INVESTMENTS 
                   IN COMMUNITY DEVELOPMENT ENTITIES SERVING 2012, 
                   2013, 2014, AND 2015 DISASTER AREAS.

       (a) In General.--Subsection (f) of section 45D of the 
     Internal Revenue Code of 1986 is amended by adding at the end 
     the following new paragraph:
       ``(4) Increased special allocation for community 
     development entities serving disaster areas with respect to 
     disasters occurring in any of calendar years 2012 through 
     2015.--
       ``(A) In general.--In the case of each calendar year which 
     begins after 2012 and before 2017, the new markets tax credit 
     limitation shall be increased by an amount equal to 
     $500,000,000, to be allocated among qualified community 
     development entities to make qualified low-income community 
     investments within any covered federally declared disaster 
     area.
       ``(B) Allocation of increase.--The amount of the increase 
     in limitation under subparagraph (A) shall be allocated by 
     the Secretary under paragraph (2) to qualified community 
     development entities and shall give priority to such entities 
     with a record of having successfully provided capital or 
     technical assistance to businesses or communities within any 
     covered federally declared disaster area or areas for which 
     the allocation is requested.
       ``(C) Application of carryforward.--Paragraph (3) shall be 
     applied separately with respect to the amount of any increase 
     under subparagraph (A).
       ``(D) Covered federally declared disaster area.--For 
     purposes of this paragraph, the term `covered federally 
     declared disaster area' means any disaster area resulting 
     from any federally declared disaster occurring after December 
     31, 2011, and before January 1, 2016. For purposes of the 
     preceding sentence, the terms `federally declared disaster' 
     and `disaster area' have the meanings given such terms in 
     section 165(i)(5).''.
       (b) Effective Date.--The amendments made by this section 
     shall apply to calendar years beginning after 2012.

     SEC. 514. SPECIAL RULES FOR USE OF RETIREMENT FUNDS IN 
                   CONNECTION WITH FEDERALLY DECLARED DISASTERS IN 
                   2012, 2013, 2014, AND 2015.

       (a) Tax-Favored Withdrawals From Retirement Plans.--
       (1) In general.--Paragraph (2) of section 72(t) of the 
     Internal Revenue Code of 1986 is amended by adding at the end 
     the following new subparagraph:
       ``(H) Distributions from retirement plans in connection 
     with federally declared disasters during in any calendar 
     years after 2011.--Any qualified disaster recovery 
     distribution.''.
       (2) Qualified disaster recovery distribution.--Section 
     72(t) of such Code is amended by adding at the end the 
     following new paragraph:
       ``(11) Qualified disaster recovery distribution.--For 
     purposes of paragraph (2)(H)--
       ``(A) In general.--Except as provided in subparagraph (B), 
     the term `qualified disaster recovery distribution' means, 
     with respect to any federally declared disaster occurring in 
     any calendar year beginning after 2011 and before January 1, 
     2016, any distribution from an eligible retirement plan made 
     on or after the applicable disaster date and before the date 
     that is 1 year after the applicable disaster date, to an 
     individual whose principal place of abode on the applicable 
     disaster date, is located in the disaster area and who has 
     sustained an economic loss by reason of such federally 
     declared disaster.
       ``(B) Dollar limitation.--
       ``(i) In general.--For purposes of this subsection, the 
     aggregate amount of distributions received by an individual 
     with respect to any federally declared disaster occurring 
     during in any calendar year beginning after 2011 shall not 
     exceed $100,000.
       ``(ii) Treatment of plan distributions.--If a distribution 
     to an individual would (without regard to clause (i)) be a 
     qualified disaster recovery distribution, a plan shall not be 
     treated as violating any requirement of this title merely 
     because the plan treats such distribution as a qualified 
     disaster recovery distribution, unless the aggregate amount 
     of such distributions from all plans maintained by the 
     employer (and any member of any controlled group which 
     includes the employer) to such individual with respect to any 
     federally declared disaster occurring in any calendar year 
     beginning after 2011 exceeds $100,000.
       ``(iii) Controlled group.--For purposes of clause (ii), the 
     term `controlled group' means any group treated as a single 
     employer under subsection (b), (c), (m), or (o) of section 
     414.
       ``(C) Amount distributed may be repaid.--
       ``(i) In general.--Any individual who receives a qualified 
     disaster recovery distribution may, at any time during the 3-
     year period beginning on the day after the date on which such 
     distribution was received, make one or more contributions in 
     an aggregate amount not to exceed the amount of such 
     distribution to an eligible retirement plan of which such 
     individual is a beneficiary and to which a rollover 
     contribution of such distribution could be made under section 
     402(c), 403(a)(4), 403(b)(8), 408(d)(3), or 457(e)(16), as 
     the case may be.
       ``(ii) Treatment of repayments of distributions from 
     eligible retirement plans other than iras.--For purposes of 
     this title, if a contribution is made pursuant to clause (i) 
     with respect to a qualified disaster recovery distribution 
     from an eligible retirement plan other than an individual 
     retirement plan, then the taxpayer shall, to the extent of 
     the amount of the contribution, be treated as having received 
     the qualified disaster recovery distribution in an eligible 
     rollover distribution (as defined in section 402(c)(4)) and 
     as having transferred the amount to the eligible retirement 
     plan in a direct trustee to trustee transfer within 60 days 
     of the distribution.
       ``(iii) Treatment of repayments for distributions from 
     iras.--For purposes of this title, if a contribution is made 
     pursuant to clause (i) with respect to a qualified disaster 
     recovery distribution from an individual retirement plan (as 
     defined by section 7701(a)(37)), then, to the extent of the 
     amount of the contribution, the qualified disaster recovery 
     distribution shall be treated as a distribution described in 
     section 408(d)(3) and as having been transferred to the 
     eligible retirement plan in a direct trustee to trustee 
     transfer within 60 days of the distribution.
       ``(D) Income inclusion spread over 3-year period.--
       ``(i) In general.--In the case of any qualified disaster 
     recovery distribution, unless the taxpayer elects not to have 
     this paragraph apply for any taxable year, any amount 
     required to be included in gross income for such taxable year 
     shall be so included ratably over the 3-taxable-year period 
     beginning with such taxable year.
       ``(ii) Special rule.--For purposes of clause (i), rules 
     similar to the rules of subparagraph (E) of section 
     408A(d)(3) shall apply.
       ``(E) Other definitions.--
       ``(i) Federally declared disaster; disaster area.--The 
     terms `federally declared disaster' and `disaster area' have 
     the meanings given such terms under section 165(i)(5).
       ``(ii) Applicable disaster date.--The term `applicable 
     disaster date' means, with respect to any federally declared 
     disaster, the date on which such federally declared disaster 
     occurs.
       ``(iii) Eligible retirement plan.--The term `eligible 
     retirement plan' shall have the meaning given such term by 
     section 402(c)(8)(B).
       ``(F) Special rules.--
       ``(i) Exemption of distributions from trustee to trustee 
     transfer and withholding rules.--For purposes of sections 
     401(a)(31), 402(f), and 3405, qualified disaster recovery 
     distributions shall not be treated as eligible rollover 
     distributions.
       ``(ii) Qualified disaster recovery distributions treated as 
     meeting plan distribution requirements.--For purposes of this 
     title, a qualified disaster recovery distribution shall be 
     treated as meeting the requirements of sections 
     401(k)(2)(B)(i), 403(b)(7)(A)(ii), 403(b)(11), and 
     457(d)(1)(A).''.
       (3) Effective date.--The amendments made by this subsection 
     shall apply to distributions with respect to disaster 
     declared after December 31, 2011.
       (b) Loans From Qualified Plans.--
       (1) In general.--Subsection (p) of section 72 of the 
     Internal Revenue Code of 1986 is amended by adding at the end 
     the following new paragraph:
       ``(6) Increase in limit on loans not treated as 
     distributions with respect to disasters in any calendar year 
     after 2011.--
       ``(A) In general.--In the case of any loan from a qualified 
     employer plan to a qualified individual made during the 
     applicable period--
       ``(i) clause (i) of paragraph (2)(A) shall be applied by 
     substituting `$100,000' for `$50,000', and
       ``(ii) clause (ii) of such paragraph shall be applied by 
     substituting `the present value of the nonforfeitable accrued 
     benefit of the employee under the plan' for `one-half of the 
     present value of the nonforfeitable accrued benefit of the 
     employee under the plan'.
       ``(B) Delay of repayment.--In the case of a qualified 
     individual with an outstanding loan on or after the 
     applicable disaster date from a qualified employer plan--
       ``(i) if the due date pursuant to subparagraph (B) or (C) 
     of paragraph (2) for any repayment with respect to such loan 
     occurs during the 1-year period beginning on the applicable 
     disaster date, such due date shall be delayed for 1 year,
       ``(ii) any subsequent repayments with respect to any such 
     loan shall be appropriately

[[Page H7606]]

     adjusted to reflect the delay in the due date under clause 
     (i) and any interest accruing during such delay, and
       ``(iii) in determining the 5-year period and the term of a 
     loan under subparagraph (B) or (C) of paragraph (2), the 
     period described in clause (i) shall be disregarded.
       ``(C) Definitions.--For purposes of this paragraph--
       ``(i) Qualified individual.--The term `qualified 
     individual' means, with respect to any federally declared 
     disaster occurring during in any calendar year beginning 
     after 2011, an individual whose principal place of abode on 
     the applicable disaster date is located in the disaster area 
     and who has sustained an economic loss by reason of such 
     federally declared disaster.
       ``(ii) Applicable period.--The applicable period is the 
     period beginning on the applicable disaster date and ending 
     on December 31, 2016.
       ``(iii) Federally declared disaster; disaster area.--The 
     terms `federally declared disaster' and `disaster area' have 
     the meanings given such terms under section 165(i)(5).
       ``(iv) Applicable disaster date.--The term `applicable 
     disaster date' means, with respect to any federally declared 
     disaster, the date on which such federally declared disaster 
     occurs.''.
       (2) Effective date.--The amendment made by this subsection 
     shall apply to loans made with respect to disaster declared 
     after December 31, 2011.
       (c) Provisions Relating to Plan Amendments.--
       (1) In general.--If this subsection applies to any 
     amendment to any plan or annuity contract, such plan or 
     contract shall be treated as being operated in accordance 
     with the terms of the plan during the period described in 
     paragraph (2)(B)(i).
       (2) Amendments to which subsection applies.--
       (A) In general.--This subsection shall apply to any 
     amendment to any plan or annuity contract which is made--
       (i) pursuant to any provision of, or amendment made by, 
     this section, or pursuant to any regulation issued by the 
     Secretary or the Secretary of Labor under any provision of, 
     or amendment made by, this section, and
       (ii) on or before the last day of the first plan year 
     beginning on or after January 1, 2016, or such later date as 
     the Secretary may prescribe.

     In the case of a governmental plan (as defined in section 
     414(d)), clause (ii) shall be applied by substituting the 
     date which is 2 years after the date otherwise applied under 
     clause (ii).
       (B) Conditions.--This subsection shall not apply to any 
     amendment unless--
       (i) during the period--

       (I) beginning on the date that the provisions of, and 
     amendments made by, this section or the regulation described 
     in subparagraph (A)(i) takes effect (or in the case of a plan 
     or contract amendment not required by the provisions of, or 
     amendments made by, this section or such regulation, the 
     effective date specified by the plan), and
       (II) ending on the date described in subparagraph (A)(ii) 
     (or, if earlier, the date the plan or contract amendment is 
     adopted),

     the plan or contract is operated as if such plan or contract 
     amendment were in effect, and
       (ii) such plan or contract amendment applies retroactively 
     for such period.

     SEC. 515. ADDITIONAL EXEMPTION FOR HOUSING QUALIFIED DISASTER 
                   DISPLACED INDIVIDUALS.

       (a) In General.--Section 151 of the Internal Revenue Code 
     of 1986 is amended by adding at the end the following new 
     subsection:
       ``(f) Additional Exemption for Certain Disaster-Displaced 
     Individuals.--
       ``(1) In general.--In the case of any taxable year 
     beginning in any calendar year beginning after 2011, there 
     shall be allowed an exemption of $500 for each qualified 
     disaster-displaced individual with respect to the taxpayer 
     for the taxable year.
       ``(2) Limitations.--
       ``(A) Dollar limitation.--The exemption under paragraph (1) 
     shall not exceed $2,000, reduced by the amount of the 
     exemption under this subsection for all prior taxable years.
       ``(B) Individuals taken into account only once.--An 
     individual shall not be taken into account under paragraph 
     (1) if such individual was taken into account under this 
     subsection by the taxpayer for any prior taxable year.
       ``(C) Identifying information required.--An individual 
     shall not be taken into account under paragraph (1) for a 
     taxable year unless the taxpayer identification number of 
     such individual is included on the return of the taxpayer for 
     such taxable year.
       ``(3) Qualified disaster-displaced individual.--
       ``(A) In general.--For purposes of this subsection, the 
     term `qualified disaster-displaced individual' means, with 
     respect to any taxpayer for any taxable year, any qualified 
     individual if such individual is provided housing free of 
     charge by the taxpayer in the principal residence of the 
     taxpayer for a period of 60 consecutive days which ends in 
     such taxable year. Such term shall not include the spouse or 
     any dependent of the taxpayer.
       ``(B) Qualified individual.--The term `qualified 
     individual' means any individual who--
       ``(i) on the date of a federally declared disaster 
     occurring in calendar years beginning after 2011 and before 
     2016 maintained such individual's principal place of abode in 
     the disaster area declared with respect to such disaster, and
       ``(ii) was displaced from such principal place of abode by 
     reason of the federally declared disaster.

     For purposes of the preceding sentence, the terms `federally 
     declared disaster' and `disaster area' have the meanings 
     given such terms in section 165(i)(5).
       ``(4) Compensation for housing.--No deduction shall be 
     allowed under this subsection if the taxpayer receives any 
     rent or other amount (from any source) in connection with the 
     providing of such housing.''.
       (b) Effective Date.--The amendment made by this section 
     shall apply to taxable years beginning after December 31, 
     2011.

     SEC. 516. EXCLUSIONS OF CERTAIN CANCELLATIONS OF INDEBTEDNESS 
                   BY REASON OF 2012, 2013, 2014, AND 2015 
                   DISASTERS.

       (a) In General.--Section 108 of the Internal Revenue Code 
     of 1986 is amended by adding at the end the following new 
     subsection:
       ``(j) Discharge of Indebtedness for Individuals Affected by 
     Disasters in Any Calendar Year After 2011.--
       ``(1) In general.--Except as provided in paragraph (2), 
     gross income shall not include any amount which (but for this 
     subsection) would be includible in gross income by reason of 
     any discharge (in whole or in part) of indebtedness of a 
     natural person described in paragraph (3) by an applicable 
     entity (as defined in section 6050P(c)(1)) during the 
     applicable period.
       ``(2) Exceptions for business indebtedness.--Paragraph (1) 
     shall not apply to any indebtedness incurred in connection 
     with a trade or business.
       ``(3) Persons described.--A natural person is described in 
     this paragraph if the principal place of abode of such person 
     on the applicable disaster date was located in the disaster 
     area with respect to any federally declared disaster 
     occurring during any calendar year beginning after 2011 and 
     before 2016.
       ``(4) Applicable period.--For purposes of this subsection, 
     the term `applicable period' means the period beginning on 
     the applicable disaster date and ending on the date which is 
     14 months after such date.
       ``(5) Other definitions.--For purposes of this subsection--
       ``(A) Federally declared disaster; disaster area.--The 
     terms `federally declared disaster' and `disaster area' have 
     the meanings given such terms under section 165(i)(5).
       ``(B) Applicable disaster date.--The term `applicable 
     disaster date' means, with respect to any federally declared 
     disaster, the date on which such federally declared disaster 
     occurs.''.
       (b) Effective Date.--The amendment made by this section 
     shall apply to discharges made on or after December 31, 2011.

     SEC. 517. SPECIAL RULE FOR DETERMINING EARNED INCOME OF 
                   INDIVIDUALS AFFECTED BY FEDERALLY DECLARED 
                   DISASTERS.

       (a) In General.--Section 32 of the Internal Revenue Code of 
     1986 is amended by adding at the end the following new 
     subsection:
       ``(n) Special Rule for Determining Earned Income of 
     Taxpayers Affected by Federally Declared Disasters.--
       ``(1) In general.--In the case of a qualified individual 
     with respect to any federally declared disaster occurring 
     during any calendar year beginning after 2011, if the earned 
     income of the taxpayer for the taxable year which includes 
     the applicable disaster date is less than the earned income 
     of the taxpayer for the preceding taxable year, the credit 
     allowed under this section and section 24(d) may, at the 
     election of the taxpayer, be determined by substituting--
       ``(A) such earned income for the preceding taxable year, 
     for
       ``(B) such earned income for the taxable year which 
     includes the applicable date.
       ``(2) Qualified individual.--For purposes of this 
     subsection, the term `qualified individual' means, with 
     respect to any federally declared disaster occurring during 
     in any calendar year beginning after 2011 and before 2016, 
     any individual whose principal place of abode on the 
     applicable disaster date, was located--
       ``(A) in any portion of a disaster area determined by the 
     President to warrant individual or individual and public 
     assistance under the Robert T. Stafford Disaster Relief and 
     Emergency Assistance Act by reason of the federally declared 
     disaster, or
       ``(B) in any portion of the disaster area not described in 
     subparagraph (A) and such individual was displaced from such 
     principal place of abode by reason of the federally declared 
     disaster.
       ``(3) Other definitions.--For purposes of this paragraph--
       ``(A) Federally declared disaster; disaster area.--The 
     terms `federally declared disaster' and `disaster area' have 
     the meanings given such terms under section 165(i)(5).
       ``(B) Applicable disaster date.--The term `applicable 
     disaster date' means, with respect to any federally declared 
     disaster, the date on which such federally declared disaster 
     occurs.
       ``(4) Special rules.--
       ``(A) Application to joint returns.--For purposes of 
     paragraph (1), in the case of a joint return for a taxable 
     year which includes the disaster date--
       ``(i) such paragraph shall apply if either spouse is a 
     qualified individual, and
       ``(ii) the earned income of the taxpayer for the preceding 
     taxable year shall be the sum

[[Page H7607]]

     of the earned income of each spouse for such preceding 
     taxable year.
       ``(B) Uniform application of election.--Any election made 
     under paragraph (1) shall apply with respect to both section 
     24(d) and this section.
       ``(C) Errors treated as mathematical error.--For purposes 
     of section 6213, an incorrect use on a return of earned 
     income pursuant to paragraph (1) shall be treated as a 
     mathematical or clerical error.
       ``(D) No effect on determination of gross income, etc.--
     Except as otherwise provided in this subsection, this title 
     shall be applied without regard to any substitution under 
     paragraph (1).''.
       (b) Child Tax Credit.--Section 24(d) of the Internal 
     Revenue Code of 1986 is amended by inserting after paragraph 
     (2) the following new paragraph:
       ``(3) Special rule for determining earned income of 
     taxpayers affected by federally declared disasters.--For 
     election by qualified individuals with respect to certain 
     federally declared disasters to substitute earned income from 
     the preceding taxable year, see section 32(n).''.
       (c) Effective Date.--The amendments made by this section 
     shall apply to taxable years beginning after December 31, 
     2011.

     SEC. 518. INCREASE IN REHABILITATION CREDIT FOR BUILDINGS IN 
                   2012, 2013, 2014, AND 2015 DISASTER AREAS.

       (a) In General.--Section 47 of the Internal Revenue Code of 
     1986 is amended by adding at the end the following new 
     subsection:
       ``(e) Special Rule for Expenditures Made in Connection With 
     Certain Disasters.--
       ``(1) In general.--In the case of qualified rehabilitation 
     expenditures paid or incurred during the applicable period 
     with respect to any qualified rehabilitated building or 
     certified historic structure located in a disaster area with 
     respect to any federally declared disaster occurring in, 
     subsection (a) shall be applied--
       ``(A) by substituting `13 percent' for `10 percent' in 
     paragraph (1) thereof, and
       ``(B) by substituting `26 percent' for `20 percent' in 
     paragraph (2) thereof.
       ``(2) Definitions.--For purposes of this subsection--
       ``(A) Federally declared disaster; disaster area.--The 
     terms `federally declared disaster' and `disaster area' have 
     the meanings given such terms under section 165(i)(5).
       ``(B) Applicable period.--The term `applicable period' 
     means the period beginning on the applicable disaster date 
     and ending on December 31, 2015.
       ``(C) Applicable disaster date.--The term `applicable 
     disaster date' means, with respect to any federally declared 
     disaster, the date on which such federally declared disaster 
     occurs.''.
       (b) Effective Date.--The amendments made by this section 
     shall apply to amounts paid or incurred after December 31, 
     2011.

     SEC. 519. ADVANCED REFUNDINGS OF CERTAIN TAX-EXEMPT BONDS.

       (a) In General.--Section 149(d) of the Internal Revenue 
     Code of 1986 is amended by redesignating paragraph (7) as 
     paragraph (8) and by inserting after paragraph (6) the 
     following new paragraph:
       ``(7) Special rule with respect to certain natural 
     disasters.--
       ``(A) In general.--With respect to a bond described in 
     subparagraph (C), one additional advance refunding after the 
     date of the enactment of this paragraph and before January 1, 
     2018, shall be allowed under the rules of this subsection 
     if--
       ``(i) the Governor of the State designates the advance 
     refunding bond for purposes of this subsection, and
       ``(ii) the requirements of subparagraph (E) are met.
       ``(B) Certain private activity bonds.--With respect to a 
     bond described in subparagraph (C) which is an exempt 
     facility bond described in paragraph (1) or (2) of section 
     142(a), one advance refunding after the date of the enactment 
     of this paragraph and before January 1, 2018, shall be 
     allowed under the applicable rules of this subsection 
     (notwithstanding paragraph (2) thereof) if the requirements 
     of clauses (i) and (ii) of subparagraph (A) are met.
       ``(C) Bonds described.--A bond is described in this 
     paragraph if, with respect to any federally declared 
     disaster, such bond--
       ``(i) was outstanding on the applicable disaster date, and
       ``(ii) is issued by an applicable State or a political 
     subdivision thereof.
       ``(D) Aggregate limit.--The maximum aggregate face amount 
     of bonds which may be designated under this subsection by the 
     Governor of a State shall not exceed $4,500,000,000.
       ``(E) Additional requirements.--The requirements of this 
     subparagraph are met with respect to any advance refunding of 
     a bond described in subparagraph (C) if--
       ``(i) no advance refundings of such bond would be allowed 
     under this title on or after the applicable disaster date,
       ``(ii) the advance refunding bond is the only other 
     outstanding bond with respect to the refunded bond, and
       ``(iii) the requirements of section 148 are met with 
     respect to all bonds issued under this paragraph.
       ``(F) Definitions.--For purposes of this subsection--
       ``(i) Federally declared disaster; disaster area.--The 
     terms `federally declared disaster' and `disaster area' have 
     the meanings given such terms under section 165(i)(5).
       ``(ii) Applicable disaster date.--The term `applicable 
     disaster date' means, with respect to any federally declared 
     disaster, the date on which such federally declared disaster 
     occurs.
       ``(iii) Applicable state.--The term `applicable State' 
     means, with respect to any federally declared disaster, any 
     State in which a portion of the disaster area is located.''.
       (b) Effective Date.--The amendment made by this section 
     shall apply to bonds issued after the date of the enactment 
     of this Act.

     SEC. 520. QUALIFIED DISASTER AREA RECOVERY BONDS.

       (a) In General.--Subpart A of part IV of subchapter B of 
     chapter 1 of the Internal Revenue Code of 1986 is amended by 
     inserting after section 146 the following new section:

     ``SEC. 146A. QUALIFIED DISASTER AREA RECOVERY BONDS.

       ``(a) In General.--For purposes of this title, any 
     qualified disaster area recovery bond shall--
       ``(1) be treated as an exempt facility bond, and
       ``(2) not be subject to section 146.
       ``(b) Qualified Disaster Area Recovery Bond.--For purposes 
     of this section, the term `qualified disaster area recovery 
     bond' means any bond issued as part of an issue if--
       ``(1) 95 percent or more of the net proceeds of such issue 
     are to be used for qualified project costs,
       ``(2) such bond is issued by a State or any political 
     subdivision thereof any part of which is in a qualified 
     disaster area,
       ``(3) the Governor of the issuing State designates such 
     bond for purposes of this section, and
       ``(4) such bond is issued after the date of the enactment 
     of this section and before January 1, 2017.
       ``(c) Limitation on Amount of Bonds.--
       ``(1) In general.--The maximum aggregate face amount of 
     bonds which may be designated under this section by any State 
     shall not exceed $10,000,000,000.
       ``(2) Movable property.--No bonds shall be issued which are 
     to be used for movable fixtures and equipment.
       ``(3) Treatment of current refunding bonds.--Paragraph (1) 
     shall not apply to any bond (or series of bonds) issued to 
     refund a qualified disaster area recovery bond, if--
       ``(A) the average maturity date of the issue of which the 
     refunding bond is a part is not later than the average 
     maturity date of the bonds to be refunded by such issue,
       ``(B) the amount of the refunding bond does not exceed the 
     outstanding amount of the refunded bond, and
       ``(C) the net proceeds of the refunding bond are used to 
     redeem the refunded bond not later than 90 days after the 
     date of the issuance of the refunding bond.

     For purposes of subparagraph (A), average maturity shall be 
     determined in accordance with section 147(b)(2)(A).
       ``(d) Qualified Project Costs.--For purposes of this 
     section, the term `qualified project costs' means the cost of 
     acquisition, construction, reconstruction, and renovation 
     of--
       ``(1) residential rental property (as defined in section 
     142(d)),
       ``(2) nonresidential real property (including fixed 
     improvements associated with such property),
       ``(3) a facility described in paragraph (2) or (3) of 
     section 142(a), or
       ``(4) public utility property (as defined in section 
     168(i)(10)),

     which is located in a qualified disaster area and was damaged 
     or destroyed by reason of a federally declared disaster.
       ``(e) Special Rules.--In applying this title to any 
     qualified disaster area recovery bond, the following 
     modifications shall apply:
       ``(1) Section 147(d) (relating to acquisition of existing 
     property not permitted) shall be applied by substituting `50 
     percent' for `15 percent' each place it appears.
       ``(2) Section 148(f)(4)(C) (relating to exception from 
     rebate for certain proceeds to be used to finance 
     construction expenditures) shall apply to the available 
     construction proceeds of bonds issued under this section. For 
     purposes of the preceding sentence, the following spending 
     requirements shall apply in lieu of the requirements in 
     clause (ii) of such section:
       ``(A) 40 percent of such available construction proceeds 
     are spent for the governmental purposes of the issue within 
     the 2-year period beginning on the date the bonds are issued.
       ``(B) 60 percent of such proceeds are spent for such 
     purposes within the 3-year period beginning on such date.
       ``(C) 80 percent of such proceeds are spent for such 
     purposes within the 4-year period beginning on such date.
       ``(D) 100 percent of such proceeds are spent for such 
     purposes within the 5-year period beginning on such date.
       ``(3) Repayments of principal on financing provided by the 
     issue--
       ``(A) may not be used to provide financing, and
       ``(B) must be used not later than the close of the first 
     semiannual period beginning after the date of the repayment 
     to redeem bonds which are part of such issue.

     The requirement of subparagraph (B) shall be treated as met 
     with respect to amounts received within 5 years after the 
     date of issuance of the issue (or, in the case of a refunding 
     bond, the date of issuance of the original bond) if such 
     amounts are used by the close of such 5 years to redeem bonds 
     which are part of such issue.

[[Page H7608]]

       ``(4) Section 57(a)(5) shall not apply.
       ``(f) Separate Issue Treatment of Portions of an Issue.--
     This section shall not apply to the portion of an issue which 
     (if issued as a separate issue) would be treated as a 
     qualified bond or as a bond that is not a private activity 
     bond (determined without regard to paragraph (1)), if the 
     issuer elects to so treat such portion.
       ``(g) Qualified Disaster Area; Federally Declared 
     Disaster.--
       ``(1) Qualified disaster area.--The term `qualified 
     disaster area' means any area determined to warrant 
     individual or individual and public assistance from the 
     Federal Government under the Robert T. Stafford Disaster 
     Relief and Emergency Assistance Act by reason of a federally 
     declared disaster occurring during the period beginning after 
     December 31, 2011, and before January 1, 2016.
       ``(2) Federally declared disaster.--The term `federally 
     declared disaster' has the meaning given to such term under 
     section 165(i)(5).''.
       (b) Clerical Amendment.--The table of sections for subpart 
     A of part IV of subchapter B of chapter 1 of such Code is 
     amended by inserting after the item relating to section 146 
     the following new item:

``Sec. 146A. Qualified disaster area recovery bonds.''.

       (c) Effective Date.--The amendments made by this section 
     shall apply to obligations issued after December 31, 2015.

     SEC. 521. ADDITIONAL LOW-INCOME HOUSING CREDIT ALLOCATIONS.

       (a) In General.--Paragraph (3) of section 42(h) of the 
     Internal Revenue Code of 1986 (relating to limitation on 
     aggregate credit allowable with respect to projects located 
     in a State) is amended by adding at the end the following new 
     subparagraph:
       ``(J) Increase in state housing credit for states damaged 
     by natural disasters.--
       ``(i) In general.--In the case of calendar year 2016, the 
     State housing credit ceiling of each State any portion of 
     which includes any portion of a qualifying disaster area 
     shall be increased by so much of the aggregate housing credit 
     dollar amount as does not exceed the applicable limitation 
     allocated by the State housing credit agency of such State 
     for such calendar year to buildings located in qualifying 
     disaster areas.
       ``(ii) Applicable limitation.--For purposes of clause (i), 
     the applicable limitation is the greater of--

       ``(I) $8 multiplied by the population of the qualifying 
     disaster areas in such State, or
       ``(II) 50 percent of the State housing credit ceiling 
     (determined without regard to this subparagraph) for 2015.

       ``(iii) Applicable percentage.--For purposes of this 
     section, the applicable percentage with respect to any 
     building to which amounts allocated under clause (i) shall be 
     determined under subsection (b)(2), except that subparagraph 
     (A) thereof shall be applied by substituting `January 1, 
     2016' for `January 1, 2015'.
       ``(iv) Allocations treated as made first from additional 
     allocation amount for purposes of determining carryover.--For 
     purposes of determining the unused State housing credit 
     ceiling under subparagraph (C) for any calendar year, any 
     increase in the State housing credit ceiling under clause (i) 
     shall be treated as an amount described in clause (ii) of 
     such subparagraph.
       ``(v) Qualifying disaster area.--For purposes of this 
     subparagraph, the term `qualifying federally declared 
     disaster area' means--

       ``(I) each county which is determined to warrant individual 
     or individual and public assistance from the Federal 
     Government under a qualifying natural disaster declaration 
     described in clause (vi)(I), and
       ``(II) each county not described in subclause (I) which is 
     included in the geographical area covered by a qualifying 
     natural disaster declaration described in subclause (II) or 
     (III) of clause (vi).

       ``(vi) Qualifying natural disaster declaration.--For 
     purposes of clause (v), the term `qualifying natural disaster 
     declaration' means--

       ``(I) a federally declared disaster (as defined in section 
     165(i)(5)) occurring during the period beginning after 
     December 31, 2011, and before January 1, 2016,
       ``(II) a natural disaster declared by the Secretary of 
     Agriculture in 2011 due to damaging weather and other 
     conditions relating to Hurricane Irene or Tropical Storm Lee 
     under section 321(a) of the Consolidated Farm and Rural 
     Development Act (7 U.S.C. 1961(a)), or
       ``(III) a major disaster or emergency designated by the 
     President in 2011 due to damaging weather and other 
     conditions relating to Hurricane Irene or Tropical Storm Lee 
     under the Robert T. Stafford Disaster Relief and Emergency 
     Assistance Act (42 U.S.C. 5121 et seq.).''.

       (b) Effective Date.--The amendment made by this section 
     shall take effect on the date of the enactment of this Act.

     SEC. 522. FACILITATION OF TRANSFER OF WATER LEASING AND WATER 
                   BY MUTUAL DITCH OR IRRIGATION COMPANIES IN 
                   DISASTER AREAS.

       (a) In General.--Paragraph (12) of section 501(c) of the 
     Internal Revenue Code of 1986 is amended by adding at the end 
     the following new subparagraph:
       ``(I) Treatment of mutual ditch or irrigation companies in 
     certain disaster areas.--
       ``(i) In general.--In the case of a qualified mutual ditch 
     or irrigation company or like organization, subparagraph (A) 
     shall be applied without taking into account any income 
     received or accrued during the applicable period--

       ``(I) from the sale, lease, or exchange of fee or other 
     interests in real property, including interests in water,
       ``(II) from the sale or exchange of stock in a mutual ditch 
     or irrigation company or like organization or contract rights 
     for the delivery or use of water,
       ``(III) from the investment of proceeds from sales, leases, 
     or exchanges under subclauses (I) and (II), or
       ``(IV) from the United States, or a State or local 
     government, resulting from the federally declared disaster,

     except that any income received under subclause (I), (II), 
     (III), or (IV) which is distributed or expended for expenses 
     (other than for operations, maintenance, and capital 
     improvements) of the qualified mutual ditch or irrigation 
     company or like organization shall be treated as nonmember 
     income in the year in which it is distributed or expended.
       ``(ii) Qualified mutual ditch or irrigation company or like 
     organization.--For purposes of this paragraph--

       ``(I) In general.--The term `qualified mutual ditch or 
     irrigation company or like organization' means any mutual 
     ditch or irrigation company or like organization that 
     diverted, delivered, transported, stored, or used its water 
     for agricultural irrigation purposes on its own or through 
     its shareholders in a qualified disaster area during any of 
     calendar years 2012 through 2015.
       ``(II) Qualified asset.--The term `qualified asset' means 
     any real property or tangible personal property used in the 
     mutual ditch or irrigation company's (or like organization's) 
     system.
       ``(III) Multiple areas.--Under regulations, if the 
     qualified assets of any mutual ditch or irrigation company or 
     like organization are located in more than 1 qualified 
     disaster area, all such areas shall be treated as 1 area and 
     if more than 1 federally declared disaster is involved, the 
     date on which the last of such disasters occurred shall be 
     the date used for purposes of this paragraph.

       ``(iii) Applicable period.--For purposes of this paragraph, 
     the term `applicable period' means the taxable year in which 
     the federally declared disaster occurred and the 5 following 
     taxable years.
       ``(iv) Other definitions.--

       ``(I) Qualified disaster area.--The term `qualified 
     disaster area' means any area determined to warrant 
     individual or individual and public assistance from the 
     Federal Government under the Robert T. Stafford Disaster 
     Relief and Emergency Assistance Act by reason of a federally 
     declared disaster occurring during the period beginning on 
     January 1, 2012, and ending on December 31, 2015.
       ``(II) Federally declared disaster.--The term `federally 
     declared disaster' has the meaning given to such term under 
     section 165(i)(5).''.

       (b) Effective Date.--The amendment made by subsection (a) 
     shall apply to taxable years ending after December 31, 2011.

     SEC. 523. EXCLUSION FOR DISASTER MITIGATION PAYMENTS RECEIVED 
                   FROM STATE AND LOCAL GOVERNMENTS.

       (a) In General.--Paragraph (2) of section 139(g) of the 
     Internal Revenue Code of 1986 is amended by inserting ``, or 
     any other amount which is paid by a State or local government 
     or agency or instrumentality thereof,'' after ``(as in effect 
     on such date)''.
       (b) Effective Date.--The amendment made by this section 
     shall apply to payments received after the date of the 
     enactment of this Act.

     SEC. 524. NATURAL DISASTER FUNDS.

       (a) Natural Disaster Fund.--Subpart C of part II of 
     subchapter E of chapter 1 of the Internal Revenue Code of 
     1986 is amended by inserting after section 468B the following 
     new section:

     ``SEC. 468C. SPECIAL RULES FOR NATURAL DISASTER FUNDS.

       ``(a) In General.--If a qualified taxpayer elects the 
     application of this section, there shall be allowed as a 
     deduction for any taxable year the amount of payments made by 
     the taxpayer to a natural disaster fund during such taxable 
     year.
       ``(b) Natural Disaster Fund.--The term `natural disaster 
     fund' means a fund meeting the following requirements:
       ``(1) Designation.--The taxpayer designates--
       ``(A) the fund as a natural disaster fund in the manner 
     prescribed by the Secretary, and
       ``(B) the line or lines of business to which the fund 
     applies.
       ``(2) Segregation.--The assets of the fund are segregated 
     from other assets of the taxpayer.
       ``(3) Investments.--
       ``(A) The assets of the fund are maintained in one or more 
     qualified accounts and are invested only in--
       ``(i) deposits with banks whose deposits are insured 
     subject to applicable limits by the Federal Deposit Insurance 
     Corporation, or
       ``(ii) in stock or other securities in which the fund would 
     be permitted to invest if it were a capital construction fund 
     subject to the investment limitations of paragraphs (2) and 
     (3) of section 7518(b)(2).
       ``(B) All investment earnings (including gains and losses) 
     from investments of the fund become part of the fund.
       ``(4) Contributions to the fund.--The fund does not accept 
     any deposits (or other amounts) other than cash payments with 
     respect to which a deduction is allowable under subsection 
     (a) and earnings (including gains and losses) from fund 
     investments.

[[Page H7609]]

       ``(5) Purpose.--The fund is established and maintained for 
     the purposes of covering costs, expenses, and losses 
     (including business interruption losses) resulting from a 
     Federally declared natural disaster to the extent such costs 
     are not covered by insurance.
       ``(6) Maximum balance.--The balance of the fund does not 
     exceed the lesser of--
       ``(A) the sum of--
       ``(i) 150 percent of the maximum deductible, and
       ``(ii) 100 percent of the maximum co-insurance (to the 
     extent not taken into account in clause (i)),

     that, in the case of a Federally declared natural disaster 
     resulting in losses, the taxpayer could be expected to pay 
     with respect to property and business interruption insurance 
     maintained by the taxpayer for the line of business to which 
     the fund applies and that would cover losses resulting from a 
     Federally declared natural disaster, and
       ``(B) the maximum loss under any insurance coverage that 
     the taxpayer could reasonably expect to occur for the line of 
     business in the case of a severe natural disaster.
       ``(7) Financial statements.--The fund or the balance of the 
     fund is recorded in the taxpayer's financial statements in 
     accordance with generally accepted accounting principles and 
     not as a current asset and the footnotes to the taxpayer's 
     financial statements include a short description of the fund 
     and its purposes.
       ``(8) Insurance.--The taxpayer property insurance 
     maintained by the qualified taxpayer applies to 75 percent or 
     more of the property used--
       ``(A) in the qualified taxpayer's line of business to which 
     the fund relates, and
       ``(B) in the United States.
       ``(c) Qualified Taxpayer.--For purposes of this section, 
     the term `qualified taxpayer' means any taxpayer that--
       ``(1) actively conducts a trade or business, and
       ``(2) maintains property insurance with respect to such 
     trade or business that insures against losses in natural 
     disasters.
       ``(d) Failure To Meet Requirements.--If a fund that was a 
     natural disaster fund ceases to meet any of the requirements 
     of subsection (b) or a taxpayer who has a natural disaster 
     fund ceases to meet the requirement of subsection (c), the 
     entire balance of the fund shall be deemed distributed in a 
     nonqualified distribution at the time the fund ceases to meet 
     such requirements.
       ``(e) Taxation of Fund.--
       ``(1) In general.--The earnings (including gains and 
     losses) from the investment and reinvestment of amounts held 
     in the fund shall not be taken into account in determining 
     the gross income of the taxpayer that owns the fund.
       ``(2) Not a separate taxpayer.--A natural disaster fund 
     shall not be considered a separate taxpayer for purposes of 
     this subtitle.
       ``(f) Taxation of Distributions From the Fund.--
       ``(1) Qualified distributions.--For purposes of this 
     chapter, qualified distributions shall be treated in the same 
     manner as proceeds from property or business interruption 
     insurance.
       ``(2) Nonqualified distributions.--
       ``(A) In general.--In the case of any taxable year for 
     which there is a nonqualified distribution--
       ``(i) such nonqualified distributions shall be excluded 
     from the gross income of the taxpayer, and
       ``(ii) the tax imposed by this chapter (determined without 
     regard to this subsection) shall be increased by the product 
     of the amount of such nonqualified distribution and the 
     highest rate of tax specified in section 1 (section 11 in the 
     case of a corporation).
       ``(B) Tax benefit rule; coordination with deduction for net 
     operating losses.--Rules similar to the rules of 
     subparagraphs (B) and (C) of section 7518(g)(6) shall apply 
     for purposes of this paragraph.
       ``(3) Additional tax.--The tax imposed by this chapter for 
     any taxable year on any taxpayer that a owns natural disaster 
     fund shall be increased by the greater of--
       ``(A) 20 percent of the amount of any non-qualified 
     distributions from the fund in the taxable year, and
       ``(B) an amount equal to interest, at the underpayment rate 
     established under section 6621, on the nonqualified 
     distribution from the time the amount is added to the fund to 
     the time the amount is distributed.
       ``(4) Interest calculation.--For purposes of calculating 
     interest under paragraph (3)(B)--
       ``(A) all investment earnings (including gains or losses) 
     in taxable year shall be treated as added to the fund on the 
     last day of the taxable year, and
       ``(B) amounts distributed from the fund shall be treated as 
     distributed on a first-in, first-out basis.
       ``(g) Definitions.--For purposes of this section--
       ``(1) Federally declared natural disaster.--The term 
     `Federally declared natural disaster' means a natural 
     disaster that is determined by Presidential declaration under 
     the Robert T. Stafford Disaster Relief and Emergency 
     Assistance Act to warrant individual or individual and public 
     assistance under such Act.
       ``(2) Nonqualified distribution.--The term `nonqualified 
     distribution' means a distribution from a natural disaster 
     fund other than a qualified distribution.
       ``(3) Qualified account.--The term `qualified account' 
     means an account with a bank (as defined in section 581) or a 
     brokerage account but only if the investments of such 
     accounts are limited to those permitted by subsection (b)(3) 
     and no investments are made in a related person (as defined 
     in section 465(b)(3)(C)) to the taxpayer.
       ``(4) Qualified distribution.--
       ``(A) In general.--The term `qualified distribution' means 
     with respect to natural disaster fund an amount equal to the 
     excess of--
       ``(i) costs, expenses, and losses (including losses of a 
     type reimbursable by proceeds of business interruption 
     insurance) incurred by the taxpayer as a result of the 
     Federally declared natural disaster with respect to the line 
     or lines of business for which the fund was designated, over
       ``(ii) the proceeds of property and business interruption 
     insurance paid for the benefit of the taxpayer with respect 
     to costs, expenses, and losses described in clause (i).
       ``(B) Limitation.--A distribution from a natural disaster 
     fund shall not be treated as a qualified distribution if such 
     distribution is allocated to a Federally declared natural 
     disaster occurring more than 3 years before the date of such 
     distribution.
       ``(h) Special Rules.--For purposes of this section--
       ``(1) No double counting.--Any portion of any deductible or 
     coinsurance taken into account under subsection (b)(6) in 
     determining the maximum balance for a natural disaster fund 
     shall not be taken into account in determining the maximum 
     balance for another natural disaster fund.
       ``(2) Excess balance.--
       ``(A) In general.--If the balance of a natural disaster 
     fund exceeds the maximum balance permitted by subsection 
     (b)(6) by reason of investment earnings or a reduction in the 
     maximum balance, the account shall not cease to be a natural 
     disaster fund as the result of exceeding such limit if the 
     excess is distributed within 120 days of the date that such 
     excess first occurred.
       ``(B) Treatment of distributions of excess balance.--In the 
     case of any distribution of the excess balance of a natural 
     disaster fund within 120 days of the date that such excess 
     first occurred--
       ``(i) paragraphs (2) and (3) of subsection (f) shall not 
     apply to the distribution of such excess if distributed 
     within such period, and
       ``(ii) the amount of such distribution shall be included in 
     the gross income of the taxpayer in the year such 
     distribution was made.
       ``(C) Anti-abuse rule.--Subparagraph (B) shall not apply in 
     the case of any reduction in the maximum balance resulting 
     from any action of the taxpayer the primary purpose of which 
     was to reduce the maximum balance to enable a distribution 
     that would not be subject to the maximum tax rate calculation 
     or the additional tax.
       ``(3) Certain asset acquisitions.--The transfer of a 
     natural disaster fund (or the portion of a natural disaster 
     fund) from one person to another person shall not constitute 
     a nonqualified distribution if--
       ``(A) such transfer is part of a transaction--
       ``(i) to which section 381 applies,
       ``(ii) the transferee acquires substantially all of the 
     assets of the transferor used in the line or lines of 
     business for which the fund was designated,
       ``(iii) the transferee acquires substantially all of the 
     assets of the transferor used in one, but not all, of the 
     lines of business for which the fund was designated, or
       ``(iv) the transferee acquires substantially all of the 
     transferor's assets located in a geographical area and used 
     in a line of business for which the fund was designated, and
       ``(B) the transferee elects to treat the acquired natural 
     disaster fund (or portion thereof) as a natural disaster fund 
     for the line of business for which the transferor had 
     previously designated the fund and as a continuation of the 
     fund (or pro rata portion thereof) for purposes of 
     determining the additional tax imposed by subsection (f)(4).
       ``(i) Regulations.--The Secretary shall prescribe such 
     regulations as may be necessary or appropriate to carry out 
     the provisions of this section.''.
       (b) Clerical Amendment.--The table of sections for subpart 
     C of part II of subchapter E of chapter 1 of the Internal 
     Revenue Code of 1986 is amended by inserting after the item 
     relating to section 468B the following new item:

``Sec. 468C. Special rules for natural disaster funds.''.

       (c) Effective Date.--The amendment made by this section 
     shall apply to taxable years beginning after December 31, 
     2014.

     SEC. 525. INCREASE PROPERTY REPLACEMENT PERIOD TO 5 YEARS.

       (a) In General.--Section 1033(a)(2) of the Internal Revenue 
     Code of 1986 is amended by adding at the end the following:
       ``(F) Federally declared disaster.--
       ``(i) In general.--In the case of converted property that 
     is located in the disaster area of a federally declared 
     disaster occurring during a calendar year beginning after 
     2011 and that is damaged or destroyed by the federally 
     declared disaster, subparagraph (B)(i) shall be applied by 
     substituting `5 years' for `2 years'.
       ``(ii) Federally declared disaster and disaster area.--For 
     purposes of clause (i), the terms `federally declared 
     disaster' and `disaster area' have the meanings given such 
     terms under section 165(i)(5).''.
       (b) Conforming Amendment.--Section 1033(h)(1)(B) of the 
     Internal Revenue Code of

[[Page H7610]]

     1986 is amended by striking ``4 years'' and inserting ``5 
     years''.
       (c) Effective Date.--The amendments made by this section 
     shall apply to disasters declared after December 31, 2015.

     SEC. 526. WAGE CREDIT FOR SPECIFIED DISASTER-DAMAGED 
                   BUSINESSES.

       (a) In General.--Subpart D of part IV of subchapter A of 
     chapter 1 of the Internal Revenue Code of 1986 is amended by 
     adding at the end the following new section:

     ``SEC. 45S. WAGE CREDIT FOR SPECIFIED DISASTER-DAMAGED 
                   BUSINESSES.

       ``(a) General Rule.--For purposes of section 38, in the 
     case of an eligible employer, the specified disaster-damaged 
     business wage credit for any taxable year is an amount equal 
     to 40 percent of the qualified wages for such year.
       ``(b) Qualified Wages Defined.--For purposes of this 
     section--
       ``(1) In general.--The term `qualified wages' means, with 
     respect to any covered employee, wages paid or incurred by 
     the eligible employer to the employee who is not able to work 
     at the disaster-damaged business of the employer during an 
     inoperability period because of a federally declared 
     disaster. Such term shall not include amounts paid or 
     incurred for overtime compensation.
       ``(2) Limitations.--
       ``(A) Limitation on wages taken into account.--The amount 
     of the qualified wages with respect to any individual which 
     may be taken into account with respect to a federally 
     declared disaster shall not exceed $6,000.
       ``(B) Inoperability period.--The inoperability period with 
     respect to a federally declared disaster is the period 
     beginning with the first day the trade or business is 
     rendered inoperable due to damage from the federally declared 
     disaster and ending on the earlier of--
       ``(i) the last day on which the trade or business is 
     inoperable, or
       ``(ii) 16 weeks after the first day of such disaster.
       ``(c) Definitions.--For purposes of this section--
       ``(1) Eligible employer.--
       ``(A) In general.--The term `eligible employer' means, with 
     respect to any taxable year, any employer which--
       ``(i) employed an average of less than 200 employees on 
     business days during such taxable year, and
       ``(ii) has a disaster-damaged business.
       ``(B) Disaster-damaged business.--The term `disaster-
     damaged business' means a place of business within a disaster 
     area which is rendered inoperable due to damage from the 
     federally declared disaster.
       ``(C) Controlled groups.--For purposes of this section, all 
     persons treated as a single employer under subsection (b), 
     (c), (m), or (o) of section 414 shall be treated as a single 
     employer.
       ``(2) Covered employee.--The term `covered employee' means, 
     with respect to an eligible employer, an individual--
       ``(A) whose principal place of employment is in a disaster 
     area with respect to a federally declared disaster, and
       ``(B) who has been employed by the employer for more than 
     30 days before the first day of the federally declared 
     disaster.
       ``(3) Federally declared disaster and disaster area.--For 
     purposes of clause (i), the terms `federally declared 
     disaster' and `disaster area' have the meanings given such 
     terms under section 165(i)(5).''.
       (b) Allowance as General Business Credit.--Section 38(b) of 
     the Internal Revenue Code of 1986 is amended by striking 
     ``plus'' at the end of paragraph (35), by striking the period 
     at the end of paragraph (36) and inserting ``, plus'', and by 
     adding at the end the following:
       ``(37) the specified disaster-damaged business wage credit 
     determined under section 45S(a).''.
       (c) Denial of Double Benefit.--Subsection (a) of section 
     280C of the Internal Revenue Code of 1986 is amended by 
     inserting ``45S(a),'' after ``45P(a)''.
       (d) Clerical Amendment.--The table of contents for subpart 
     D of part IV of subchapter A of chapter 1 of the Internal 
     Revenue Code of 1986 is amended by adding at the end the 
     following new item:

``Sec. 45S. Wage credit for specified disaster-damaged businesses.''.

       (e) Effective Date.--The amendments made by this section 
     shall apply to taxable years beginning after December 31, 
     2015.

     SEC. 527. DISASTER-RELATED MEDICAL EXPENSES.

       (a) In General.--Section 213 of the Internal Revenue Code 
     of 1986 is amended by adding at the end the following new 
     subsection:
       ``(g) Disaster-Related Medical Expenses.--
       ``(1) In general.--In the case of expenses directly related 
     to an injury caused by a federally declared disaster 
     occurring during the taxable year or the preceding taxable 
     year, there shall be allowed a separate deduction under this 
     section, which shall be determined under this section 
     (without regard to this subsection), except that--
       ``(A) subsection (a) shall be applied by substituting `zero 
     percent' for `10 percent', and
       ``(B) subsection (f) shall be applied by substituting `zero 
     percent' for `7.5 percent'.
       ``(2) Coordination.--Any expense taken into account under 
     paragraph (1) shall not be treated as an expense taken into 
     account under this section (without regard to this section).
       ``(3) Federally declared disaster.--For purposes of this 
     subsection, the term `federally declared disaster' shall have 
     the meaning given such term under section 165(i)(5).''.
       (b) Effective Date.--The amendment made by subsection (a) 
     shall apply with respect to disasters occurring after the 
     date of the enactment of this Act.

     SEC. 528. EXPENSING OF QUALIFIED DISASTER EXPENSES.

       (a) In General.--Section 198A(b)(2)(A)(ii) of the Internal 
     Revenue Code of 1986, as added by section 101 of this Act, is 
     amended by striking ``and before January 1, 2016,''.
       (b) Effective Date.--The amendment made by this section 
     shall apply to amounts paid or incurred after December 31, 
     2015.

     SEC. 529. LOSSES ATTRIBUTABLE TO DISASTERS.

       (a) In General.--Section 165(h)(3)(B)(i)(I) of the Internal 
     Revenue Code of 1986, as amended by section 103 of this Act, 
     is amended by striking ``the period beginning after December 
     31, 2011, and before January 1, 2016,'' and inserting ``any 
     period beginning after December 31, 2011,''.
       (b) Effective Date.--The amendment made by this section 
     shall apply to disasters declared in taxable years beginning 
     after December 31, 2015.

     SEC. 530. NET OPERATING LOSSES ATTRIBUTABLE TO DISASTERS.

       (a) In General.--Section 172(i)(1)(A)(i)(I) of the Internal 
     Revenue Code of 1986 is amended by striking ``and before 
     January 1, 2016,''.
       (b) Effective Date.--The amendment made by this section 
     shall apply to disasters declared in taxable years beginning 
     after December 31, 2015.

     SEC. 531. SPECIAL RULES FOR USE OF RETIREMENT FUNDS IN 
                   CONNECTION WITH FEDERALLY DECLARED DISASTERS.

       (a) Withdrawals.--Section 72(t)(11)(A) of the Internal 
     Revenue Code of 1986, as amended by section 108 of this Act, 
     is amended by striking ``2011 and before January 1, 2016,'' 
     and inserting ``2011,''.
       (b) Loans.--Section 72(p)(6)(C)(ii) of such Code is amended 
     by striking ``and ending on December 31, 2016''.
       (c) Effective Date.--The amendments made by this section 
     shall apply to distributions with respect to disaster 
     declared after December 31, 2015.

     SEC. 532. ADDITIONAL EXEMPTION FOR HOUSING QUALIFIED DISASTER 
                   DISPLACED INDIVIDUALS.

       (a) In General.--Section 151(f)(3)(B)(i) of the Internal 
     Revenue Code of 1986, as amended by section 109 of this Act, 
     is amended by striking ``and before 2016''.
       (b) Effective Date.--The amendment made by this section 
     shall apply to taxable years beginning after December 31, 
     2015.

     SEC. 533. EXCLUSIONS OF CERTAIN CANCELLATIONS OF INDEBTEDNESS 
                   BY REASON OF DISASTERS.

       (a) In General.--Section 108(j)(3) of the Internal Revenue 
     Code of 1986, as amended by section 110 of this Act, is 
     amended by striking ``and before 2016''.
       (b) Effective Date.--The amendment made by this section 
     shall apply to discharges made on or after December 31, 2015.

     SEC. 534. SPECIAL RULE FOR DETERMINING EARNED INCOME OF 
                   INDIVIDUALS AFFECTED BY FEDERALLY DECLARED 
                   DISASTERS.

       (a) In General.--Section 32(n)(2) of the Internal Revenue 
     Code of 1986, as amended by section 111 of this Act, is 
     amended by striking ``and before 2016''.
       (b) Effective Date.--The amendment made by this section 
     shall apply to taxable years beginning after December 31, 
     2015.

     SEC. 535. QUALIFIED DISASTER AREA RECOVERY BONDS.

       (a) In General.--Section 146A(b)(4) of the Internal Revenue 
     Code of 1986, as amended by section 114 of this Act, is 
     further amended by striking ``and before January 1, 2017''.
       (b) Effective Date.--The amendment made by this section 
     shall apply to obligations issued after December 31, 2015.

     SEC. 536. ADDITIONAL LOW-INCOME HOUSING CREDIT ALLOCATIONS.

       (a) In General.--Section 42(h)(3)(J) of the Internal 
     Revenue Code of 1986, as amended by section 115 of this Act, 
     is amended--
       (1) in clause (i) by striking ``In the case of calendar 
     year 2016,'' and inserting ``In the case of a calendar year 
     beginning after 2015,'',
       (2) in clause (ii)(II) by striking ``2015'' and inserting 
     ``the preceding calendar year'', and
       (3) in clause (iii) by striking ``substituting `January 1 
     of the calendar year in which the taxable year ends' for 
     `January 1, 2015' ''.
       (b) Effective Date.--The amendments made by this section 
     shall take effect on the date of the enactment of this Act.

  Mr. NADLER (during the reading). Mr. Speaker, I ask unanimous consent 
to dispense with the reading.
  The SPEAKER pro tempore. Is there objection to the request of the 
gentleman from New York?
  There was no objection.
  The SPEAKER pro tempore. The gentleman from New York is recognized 
for 5 minutes.
  Mr. NADLER. Mr. Speaker, I offer this motion to recommit on behalf of 
Ms. Velazquez. This is the final amendment to the bill, which will not 
kill the bill or send it back to committee. If adopted, the bill will 
immediately proceed to final passage, as amended.
  It is unfortunate that we are here today debating inadequate policies 
while our fellow Americans in Puerto

[[Page H7611]]

Rico and the U.S. Virgin Islands are hurting.
  While I do not doubt the underlying bill was made with good 
intentions, it is not just inadequate for all the victims of the 
hurricanes, and it is insulting to the people of Puerto Rico. They are 
hurting. They have no food, no water, no power. They need our help.
  Estimates suggest the storm caused $40 billion to $85 billion in 
insurance claims throughout the Caribbean, with 85 percent of those 
losses in Puerto Rico. Nearly all of the island is without power, and 
85 percent of cell towers were knocked out. The hurricane ravaged 80 
percent of the crop value in Puerto Rico--a $780 million loss. This 
will result in higher food prices at a time when Puerto Rico faces 
shortages.
  These are only the initial estimates. Each day we learn more about 
the scale of devastation, and likely won't know the measure of damage 
for some time.
  FEMA has indicated that it has ``provided more than 1.5 million 
meals, 1.1 million liters of water, nearly 300 infant and toddler kits, 
and nearly 12,000 emergency roofing kits to the U.S. Virgin Islands and 
Puerto Rico since Hurricane Maria's landfall.'' That is a quote from 
FEMA.
  Yet the total population of American citizens in Puerto Rico is 3.4 
million. The total in the U.S. Virgin Islands is over 100,000. It has 
been 7 days since the storm. The math simply doesn't add up, and 
neither does the bill as it is written.
  This motion to recommit would do more for the people of Puerto Rico 
and the Virgin Islands than the underlying bill. Unlike the underlying 
bill, this motion will give them funds to help them rebuild. The 
dollars are directed for rebuilding and other economic support.
  It considers specific provisions to ensure long-term growth is 
capable on the island, and it strives to treat disaster victims 
equally. By taking the politics out of natural disasters, all of our 
constituents, from New York, and Puerto Rico, to Florida, Louisiana, 
and Texas, will automatically have the necessary aid to rebuild. Giving 
them this peace of mind will give them the ability to focus on what 
matters: their families and communities.
  Rather than putting forth a fig leaf to offer themselves cover, as 
the underlying bill does, this motion would provide immediate, greater 
benefits to the people of Puerto Rico and the Virgin Islands. They 
cannot wait for assistance.
  By voting for this motion, you would be voting to help our fellow 
Americans. I urge all Members to vote ``yes.''
  Mr. Speaker, I yield back the balance of my time.
  Mr. CURBELO of Florida. Mr. Speaker, I rise in opposition to the 
motion to recommit.
  The SPEAKER pro tempore. The gentleman is recognized for 5 minutes.
  Mr. CURBELO of Florida. Mr. Speaker, I believe in bipartisanship, 
which means that oftentimes I am disappointed in this institution, but 
today I am not disappointed, I am shocked. I am shocked that some would 
politicize such a sensitive, desperate situation that so many 
Americans, from Texas to Puerto Rico, are facing at this hour.
  My colleagues say they want to help the people of Puerto Rico, the 
people of the Florida Keys in my district, and others throughout the 
country. A lot of them have come here boasting about the fact that they 
have never opposed a disaster relief package, yet they are willing to 
do so today. Why? To try to attempt to score political points.
  I think that is wrong, and I can't help but take it personally, 
because my constituents really need this help.
  The people of Puerto Rico, by the way, the person they elected to 
this chamber, Jenniffer Gonzalez-Colon, supports this legislation; 
Stacey Plaskett of the Virgin Islands, our colleague, put her name to 
this legislation as well; Chairman Brady, whose constituents are trying 
to recover in the Houston area, is asking for passage of this 
legislation, yet people from other parts of the country are coming to 
this floor saying: No, that is not good enough for your constituents.
  So if my constituents get nothing, I should tell them: That is right. 
Someone from elsewhere said that because this wasn't good enough, you 
get nothing.
  That is just wrong. This is an important first step that we have to 
take to help people in all of these jurisdictions, especially the 
people of Puerto Rico, because we know that the situation there is in 
no way comparable to anything that has happened on the mainland.
  It is personal for me in that sense as well, because guess what? When 
my wife's family was exiled from Cuba, they went to Puerto Rico and 
they were welcomed there. My wife's two elder brothers were born in 
Puerto Rico. My wife still has family in Puerto Rico, and I know that 
this legislation would improve their situation.
  Can we do more? Should we do more? Should we work together to do more 
in the future? Yes, we should and we will, but that is no excuse to 
vote against this legislation, that is no excuse to leverage the 
suffering of these people to try to achieve a political objective or 
even to advance different legislation.
  I respectfully ask all my colleagues, Republicans and Democrats, and 
I thank the 26 Democrats who stood with us on Monday, and I ask them to 
do it again today and for more to join us, to send a strong message of 
national unity for the people of Florida, Texas, Louisiana, the U.S. 
Virgin Islands, and, yes, Puerto Rico.
  Mr. Speaker, I yield back the balance of my time.
  The SPEAKER pro tempore. Without objection, the previous question is 
ordered on the motion to recommit.
  There was no objection.
  The SPEAKER pro tempore. The question is on the motion to recommit.
  The question was taken; and the Speaker pro tempore announced that 
the noes appeared to have it.
  Mr. NADLER. Mr. Speaker, on that I demand the yeas and nays.
  The yeas and nays were ordered.
  The SPEAKER pro tempore. Pursuant to clause 8 and clause 9 of rule 
XX, this 15-minute vote on the motion to recommit will be followed by 
5-minute votes on:
  Passage of the bill, if ordered;
  Passage of H.R. 2792; and
  Agreeing to the Speaker's approval of the Journal, if ordered.
  The vote was taken by electronic device, and there were--yeas 188, 
nays 227, not voting 18, as follows:

                             [Roll No. 541]

                               YEAS--188

     Adams
     Aguilar
     Barragan
     Bass
     Beatty
     Bera
     Beyer
     Bishop (GA)
     Blumenauer
     Blunt Rochester
     Bonamici
     Boyle, Brendan F.
     Brady (PA)
     Brown (MD)
     Brownley (CA)
     Bustos
     Butterfield
     Capuano
     Carbajal
     Cardenas
     Carson (IN)
     Cartwright
     Castor (FL)
     Castro (TX)
     Chu, Judy
     Cicilline
     Clark (MA)
     Clarke (NY)
     Clay
     Cleaver
     Clyburn
     Cohen
     Connolly
     Conyers
     Cooper
     Correa
     Costa
     Courtney
     Crist
     Crowley
     Cuellar
     Cummings
     Davis (CA)
     Davis, Danny
     DeFazio
     DeGette
     Delaney
     DeLauro
     DelBene
     Demings
     DeSaulnier
     Deutch
     Dingell
     Doggett
     Doyle, Michael F.
     Ellison
     Engel
     Eshoo
     Espaillat
     Esty (CT)
     Evans
     Foster
     Frankel (FL)
     Fudge
     Gabbard
     Gallego
     Garamendi
     Gomez
     Gonzalez (TX)
     Gottheimer
     Green, Al
     Green, Gene
     Grijalva
     Gutierrez
     Hanabusa
     Hastings
     Heck
     Higgins (NY)
     Himes
     Hoyer
     Huffman
     Jackson Lee
     Jayapal
     Jeffries
     Kaptur
     Keating
     Kelly (IL)
     Kennedy
     Khanna
     Kihuen
     Kildee
     Kilmer
     Kind
     Krishnamoorthi
     Kuster (NH)
     Langevin
     Larsen (WA)
     Larson (CT)
     Lawrence
     Lawson (FL)
     Lee
     Levin
     Lewis (GA)
     Lieu, Ted
     Lipinski
     Loebsack
     Lofgren
     Lowenthal
     Lowey
     Lujan Grisham, M.
     Lujan, Ben Ray
     Lynch
     Maloney, Carolyn B.
     Maloney, Sean
     Matsui
     McCollum
     McEachin
     McGovern
     McNerney
     Meeks
     Meng
     Moore
     Moulton
     Murphy (FL)
     Nadler
     Napolitano
     Neal
     Nolan
     Norcross
     O'Halleran
     O'Rourke
     Pallone
     Panetta
     Payne
     Pelosi
     Perlmutter
     Peters
     Peterson
     Pingree
     Pocan
     Polis
     Price (NC)
     Quigley
     Raskin
     Rice (NY)
     Rosen
     Roybal-Allard
     Ruiz
     Ruppersberger
     Rush
     Ryan (OH)
     Sanchez
     Sarbanes
     Schakowsky
     Schiff
     Schneider
     Schrader
     Scott (VA)
     Scott, David
     Serrano
     Sewell (AL)
     Shea-Porter
     Sherman
     Sinema
     Sires
     Slaughter
     Smith (WA)
     Soto
     Speier
     Suozzi
     Swalwell (CA)
     Takano
     Thompson (CA)
     Thompson (MS)
     Titus
     Tonko
     Torres
     Tsongas
     Vargas
     Veasey
     Vela
     Velazquez
     Visclosky
     Wasserman Schultz
     Waters, Maxine
     Watson Coleman
     Welch
     Yarmuth

                               NAYS--227

     Abraham
     Aderholt
     Allen
     Amash
     Amodei
     Arrington
     Babin
     Bacon
     Banks (IN)
     Barr
     Barton
     Bergman
     Biggs
     Bilirakis
     Bishop (MI)
     Black
     Blackburn
     Blum

[[Page H7612]]


     Bost
     Brady (TX)
     Brat
     Brooks (AL)
     Brooks (IN)
     Buchanan
     Buck
     Bucshon
     Budd
     Burgess
     Byrne
     Calvert
     Carter (GA)
     Carter (TX)
     Chabot
     Cheney
     Coffman
     Cole
     Collins (GA)
     Collins (NY)
     Comer
     Comstock
     Conaway
     Cook
     Costello (PA)
     Cramer
     Crawford
     Culberson
     Curbelo (FL)
     Davidson
     Davis, Rodney
     Denham
     Dent
     DeSantis
     DesJarlais
     Diaz-Balart
     Donovan
     Duffy
     Duncan (SC)
     Duncan (TN)
     Dunn
     Emmer
     Estes (KS)
     Farenthold
     Faso
     Ferguson
     Fitzpatrick
     Fleischmann
     Flores
     Fortenberry
     Foxx
     Franks (AZ)
     Frelinghuysen
     Gaetz
     Gallagher
     Garrett
     Gianforte
     Gibbs
     Gohmert
     Goodlatte
     Gosar
     Gowdy
     Graves (GA)
     Graves (LA)
     Graves (MO)
     Griffith
     Grothman
     Guthrie
     Handel
     Harper
     Harris
     Hartzler
     Hensarling
     Herrera Beutler
     Hice, Jody B.
     Higgins (LA)
     Hill
     Holding
     Hollingsworth
     Hudson
     Huizenga
     Hultgren
     Hunter
     Hurd
     Issa
     Jenkins (KS)
     Jenkins (WV)
     Johnson (LA)
     Johnson (OH)
     Jones
     Jordan
     Joyce (OH)
     Katko
     Kelly (MS)
     Kelly (PA)
     King (IA)
     King (NY)
     Kinzinger
     Knight
     Kustoff (TN)
     Labrador
     LaHood
     LaMalfa
     Lamborn
     Lance
     Latta
     Lewis (MN)
     LoBiondo
     Loudermilk
     Love
     Lucas
     Luetkemeyer
     MacArthur
     Marchant
     Marino
     Marshall
     Massie
     Mast
     McCarthy
     McCaul
     McClintock
     McHenry
     McKinley
     McMorris Rodgers
     McSally
     Meadows
     Meehan
     Messer
     Mitchell
     Moolenaar
     Mooney (WV)
     Mullin
     Murphy (PA)
     Newhouse
     Noem
     Norman
     Nunes
     Olson
     Palazzo
     Palmer
     Paulsen
     Pearce
     Perry
     Pittenger
     Poe (TX)
     Poliquin
     Posey
     Ratcliffe
     Reed
     Reichert
     Renacci
     Rice (SC)
     Roby
     Roe (TN)
     Rogers (AL)
     Rogers (KY)
     Rohrabacher
     Rokita
     Rooney, Thomas J.
     Roskam
     Ross
     Rothfus
     Rouzer
     Royce (CA)
     Russell
     Rutherford
     Sanford
     Schweikert
     Scott, Austin
     Sensenbrenner
     Sessions
     Shimkus
     Shuster
     Simpson
     Smith (MO)
     Smith (NE)
     Smith (TX)
     Smucker
     Stefanik
     Stewart
     Stivers
     Taylor
     Tenney
     Thompson (PA)
     Thornberry
     Tipton
     Trott
     Turner
     Upton
     Valadao
     Walberg
     Walden
     Walker
     Walorski
     Walters, Mimi
     Weber (TX)
     Webster (FL)
     Wenstrup
     Westerman
     Williams
     Wilson (SC)
     Wittman
     Womack
     Woodall
     Yoder
     Yoho
     Young (AK)
     Young (IA)
     Zeldin

                             NOT VOTING--18

     Barletta
     Bishop (UT)
     Bridenstine
     Granger
     Johnson (GA)
     Johnson, E. B.
     Johnson, Sam
     Long
     Pascrell
     Richmond
     Rooney, Francis
     Ros-Lehtinen
     Scalise
     Smith (NJ)
     Tiberi
     Wagner
     Walz
     Wilson (FL)

                              {time}  1051

  Messrs. NORMAN, DUNCAN of Tennessee, PITTENGER, LUCAS, McCAUL, 
McCLINTOCK, PALAZZO, and BRADY of Texas changed their vote from ``yea'' 
to ``nay.''
  Ms. SANCHEZ, Messrs. SERRANO and HUFFMAN changed their vote from 
``nay'' to ``yea.''
  So the motion to recommit was rejected.
  The result of the vote was announced as above recorded.


                      Announcement by the Speaker

  The SPEAKER. The Chair wishes to mark the return to the Chamber of 
our dear friend and colleague from Louisiana, Mr. Steve Scalise.
  Our prayers have been answered. His bravery and his family's strength 
have been such an inspiration to this House and to the people it 
serves. America is grateful for this moment.
  (By unanimous consent, Mr. Scalise was allowed to speak out of 
order.)


         Expressing Appreciation for Support During My Recovery

  Mr. SCALISE. Wow. Mr. Speaker, you have no idea how great this feels 
to be back here at work in the people's House.
  As you can imagine, these last 3\1/2\ months have been pretty 
challenging times for me and my family. But if you look at the 
outpouring of love, of warmth, of prayer, my gosh, Jennifer and I have 
been overwhelmed with all of that outpouring. It has given us the 
strength to get through all of this and to get to this point today, and 
it starts with God.
  When I was laying out on that ball field, the first thing I did once 
I was down and I couldn't move anymore is, I just started to pray. And 
I will tell you, it gave me an unbelievable sense of calm knowing that 
at that point it was in God's hands.
  But I prayed for very specific things, and I will tell you, pretty 
much every one of those prayers was answered. There were some pretty 
challenging prayers I was putting in God's hands, but He really did 
deliver for me and my family. And it just gives you that renewed faith 
and understanding that the power of prayer is something that you just 
cannot underestimate. So I am definitely a living example that miracles 
really do happen.
  The first place I want to go to thank true angels along the way 
starts with the United States Capitol Police. When I was elected 
majority whip, as you know, the elected leadership has a security 
detail, and if anybody ever wondered why we are assigned security 
detail, I surely found out that day.
  Let me tell you, I want to specifically mention Crystal Griner and 
David Bailey. Crystal and David were assigned to my security detail 
that morning. Day in and day out, they are part of our family. Jennifer 
and I truly do treat them as part of our family because they are with 
us everywhere we go. On that day, it was no different.
  On June 14, they came at 6:30 in the morning. We arrived at the 
baseball field just to play and practice for a game of charity 
baseball. Nobody would have suspected what ensued, and yet, as soon as 
those shots were fired--I will tell you, when I was laying on the 
ground, one of the things I prayed for was that David and Crystal would 
be successful in carrying out their duties.
  Both David and Crystal are incredibly well-trained and incredibly 
professional. But when I was laying there, not long after the first 
couple of shots were fired, I could hear a different caliber of weapon. 
That told me that they had immediately engaged the shooter. Let me tell 
you, if they didn't act so quickly--even after being shot both 
themselves, they continued to engage the shooter and ultimately got him 
down, which not only saved my life, but saved the lives of a lot of 
other people that are here in this Chamber today.
  Crystal couldn't be with us today, but David Bailey is with us. 
David, you are my hero. You saved my life. Thank you so much. Tiger 
blood.
  I also owe thanks to a lot of the people who were on the field with 
me. Right after the shooter was down, a lot of my colleagues came and 
ran to come check on me. One I want to mention in particular is one of 
those things that Jennifer and I call the little miracles that happened 
that day and throughout the next few months of our recovery.
  We happened to have Brad Wenstrup on the field that day, and he was 
one of the first to come to my side. As you know, Brad is not only a 
doctor, but he is a decorated Army Ranger who served in combat. And one 
of his roles and missions was to take care of people that were wounded 
before they went off on the helicopter to go get prepared. Who would 
have thought that God would have put Brad out there on that field with 
me because the tourniquet he applied, many will tell you, saved my life 
so that I could actually make it to the hospital in time with all of 
the blood loss. So, Brad, where are you at? Right down in front.
  Once I arrived at MedStar Washington Hospital Center, I was a little 
bit out of it at that point. But luckily, I ended up in the trusted 
hands of Dr. Jack Sava and his great team over at MedStar. They gave me 
a second chance at life. Through many, many surgeries, where my life 
was truly in the balance in a few of those, they did a wonderful job at 
making sure that I was well taken care of and, ultimately, made it 
through that point so I could get to Dr. Golden and his team who 
actually put me back together again, which was quite a task, to the 
point where I am actually able to relearn how to walk again. So, Dr. 
Sava, Dr. Golden, thank you for being here and thanks for your team's 
work.
  Above all else, I want to thank my lovely wife, Jennifer. Those of 
you who know her know how strong Jennifer is. She is an incredibly warm 
and loving wife, and she is an incredible mother to our children. 
Somehow, through the late nights and the surgeries and all of the other 
things, she managed to hold our family together, to make sure that 
Harrison and Madison were cared for as well. Still, to this day, she is 
not only by my side, but she is also serving as a great mother. I am 
lucky to have you. Thanks for being here. I love you, Sweetheart.

  While it has been a challenging time for my family, the thing that 
really

[[Page H7613]]

overwhelmed us from the start was the outpouring of love and warmth and 
prayers. From southeast Louisiana, the district that I represent, we 
saw blood drives at St. Catherine of Siena Parish. We saw prayer groups 
at First United Methodist Church in Slidell.
  But what we also saw were prayer groups and well-wishes being given 
from people that we never met before throughout all of your districts. 
You shared it with me, and it was one of those things that was hard for 
us to completely comprehend that you had people from all walks of life 
that had never met me before, and yet, they saw what had happened and 
they just wanted to offer prayers.
  Let me tell you, to each and every one of you--and please convey it 
to your constituents, and I sure convey it to my constituents back 
home--that warmth and love gave us just incredible strength that you 
can't imagine during some really, really difficult times. So that is 
one more example of the power of prayer.
  Something else I saw firsthand wasn't a surprise to me, but it was 
the outpouring of love from you, my colleagues, both Republican and 
Democrat. I know right after the shooting--we were practicing on the 
Republican side and the Democrats were practicing too--my colleague and 
friend, and sometimes archrival in baseball from back home in New 
Orleans--unfortunately, the star of the game too many times--Cedric 
Richmond somehow figured out which hospital I was sent to, and he got 
there. He was probably the first person there on the scene, in his 
baseball uniform, to check on me.
  So many others of you, again, both Republican and Democrat, reached 
out in ways that I can't express the gratitude and how much it means to 
me, Jennifer, and our whole family. It really does show the warm side 
of Congress that very few people get to see.
  I want to thank each and every one of you for that. You don't know 
how much it meant to me. When I came back into this Chamber here today, 
just seeing the faces of all of you, it just means more to me than you 
can imagine. So thanks for all of that love and support.
  A lot of people ask: Did the event change you? And I think those of 
you who know me know I am an optimistic person. I am just a fun-loving 
person. I am from south Louisiana, and we believe you work hard and you 
play hard and joie de vivre.
  Is an event like this really going to change that? The first thing I 
can tell you is, yes, it changed me, but not in the ways you might 
think. It has only strengthened my faith in God, and it has really 
crystallized what shows up as the goodness in people. I got to see that 
goodness in people.
  While some people might focus on a tragic event and an evil act, to 
me, all I remember are the thousands of acts of kindness and love and 
warmth that came out of this and kept me going through all of it and, 
again, just reemphasized just how wonderful most people are and how 
much compassion there is out there.
  Finally, I want to talk about something that I guess hit me and 
probably struck me more than anything that I was not expecting, and 
that was the outpouring of love and support from world leaders, people 
I have met and have known. Benjamin Netanyahu and I have had some 
incredible conversations from the hospital. And Theresa May, King 
Abdullah of Jordan--leaders that so many of us have met--reached out. 
But other world leaders also reached out, people I had never met 
before.
  That touched me in a different way because each and every one of us, 
we come here and we fight for the things that we believe in. I have 
passionate beliefs. For some reason, some of you don't agree with all 
of those. But it is so important that we come up here. We are the 
people's House. This is the place where these ideas are supposed to be 
debated, and we fight through those issues. But, ultimately, we come 
together on whatever the board shows is 218. If you can put the 
majority together, that is what rules the day. It is so important that, 
as we are having those political battles, we don't make them personal.
  One of the things I saw--and I guess this is the thing that really 
kept coming back to me--is I tried to make sense of all of this. In 
comprehending the outpouring of love that I saw, it kept coming back to 
those world leaders. Why would leaders from around the world that I had 
never met before reach out and say: ``Steve, we hope you can get back 
to work. We hope you can come through this.''?
  And what it says is, sure, they cared about my wellbeing, but more 
than that, they saw this as an attack on all of us. They saw this as an 
attack on the institution of the United States Congress and our 
government. And they really count on us to be successful.
  Look, we all know the United States is the leader of the free world. 
It is something that we have, frankly, had the honor as a country to 
hold as a distinction for generations. And yet, when you look at that 
title, what it really means is, is that there are people all around the 
world that want freedom, maybe that have freedom, but they know the 
United States being strong is critical to the rest of the world having 
the opportunity for freedom.
  That is why I am so excited to be back because, as we are fighting 
through the issues of the day, let's just keep in mind that we rise 
above the challenges of the day and understand that it is not just us 
and our constituents and the country, the United States, that is 
counting on our being successful. People all around the world who 
believe in freedom are counting on us as well, and we will deliver for 
them. That is why I am so honored to be back here in the House serving 
with you.
  God bless each and every one of you, and God bless the United States 
of America.
  (By unanimous consent, Ms. PELOSI was allowed to speak out of order.)


                            Answered Prayers

  Ms. PELOSI. Mr. Speaker, I join you in thanking God for the return of 
our colleague, Steve Scalise, and to have him do so in such a strong 
way.
  You were brief, Mr. Speaker, I will be even briefer.
  Thank God, our prayers are answered.
  I take great pride in Steve because we are both Italian Americans, 
and I think that is a source of some of his strength.
  I, too, want to say how proud we are of Jennifer, Harrison, and 
Madison, of your staff, and of our first responders--our Capitol 
Police--who took such good care of you.
  But if it is, as you said, an attack on you is an attack on all, then 
we all came through this magnificently because of your strength. So it 
is the power of Steve Scalise.
  The day we came to the floor when you weren't here, we were all Team 
Scalise. Today we are Team Scalise.
  Thank you for being so wonderful.
  God bless you.
  The SPEAKER. Without objection, 5-minute voting will continue.
  There was no objection.
  The SPEAKER. The question is on the passage of the bill.
  The question was taken; and the Speaker announced that the ayes 
appeared to have it.
  Ms. MAXINE WATERS of California. Mr. Speaker, on that I demand the 
yeas and nays.
  The yeas and nays were ordered.
  The SPEAKER. This will be a 5-minute vote.
  The vote was taken by electronic device, and there were--yeas 264, 
nays 155, not voting 14, as follows:

                             [Roll No. 542]

                               YEAS--264

     Aderholt
     Allen
     Amodei
     Arrington
     Babin
     Bacon
     Banks (IN)
     Barr
     Barton
     Bera
     Bergman
     Biggs
     Bilirakis
     Bishop (MI)
     Black
     Blackburn
     Blum
     Bost
     Brady (TX)
     Brat
     Brooks (AL)
     Brooks (IN)
     Brownley (CA)
     Buchanan
     Buck
     Bucshon
     Budd
     Burgess
     Bustos
     Byrne
     Calvert
     Carbajal
     Carter (GA)
     Carter (TX)
     Castor (FL)
     Chabot
     Cheney
     Coffman
     Cole
     Collins (GA)
     Collins (NY)
     Comer
     Comstock
     Conaway
     Connolly
     Cook
     Correa
     Costa
     Costello (PA)
     Cramer
     Crawford
     Crist
     Cuellar
     Culberson
     Curbelo (FL)
     Davidson
     Davis, Rodney
     Delaney
     Denham
     Dent
     DeSantis
     DesJarlais
     Diaz-Balart
     Donovan
     Duffy
     Duncan (SC)
     Duncan (TN)
     Dunn
     Emmer
     Estes (KS)
     Farenthold
     Faso
     Ferguson
     Fitzpatrick
     Fleischmann
     Flores
     Fortenberry
     Foxx
     Franks (AZ)
     Frelinghuysen
     Gabbard
     Gaetz
     Gallagher
     Garrett
     Gianforte
     Gibbs
     Gohmert
     Gonzalez (TX)
     Goodlatte
     Gosar
     Gowdy
     Graves (GA)
     Graves (MO)

[[Page H7614]]


     Green, Al
     Green, Gene
     Griffith
     Guthrie
     Handel
     Harper
     Harris
     Hartzler
     Hensarling
     Herrera Beutler
     Hice, Jody B.
     Higgins (LA)
     Hill
     Himes
     Holding
     Hudson
     Huizenga
     Hultgren
     Hunter
     Hurd
     Issa
     Jackson Lee
     Jenkins (KS)
     Jenkins (WV)
     Johnson (OH)
     Jordan
     Joyce (OH)
     Katko
     Keating
     Kelly (MS)
     Kelly (PA)
     Kihuen
     Kind
     King (IA)
     King (NY)
     Kinzinger
     Knight
     Krishnamoorthi
     Kuster (NH)
     Kustoff (TN)
     Labrador
     LaHood
     LaMalfa
     Lamborn
     Lance
     Latta
     Lawson (FL)
     Lewis (MN)
     Lipinski
     LoBiondo
     Loebsack
     Loudermilk
     Love
     Lucas
     Luetkemeyer
     MacArthur
     Maloney, Sean
     Marchant
     Marino
     Marshall
     Massie
     Mast
     McCarthy
     McCaul
     McClintock
     McHenry
     McKinley
     McMorris Rodgers
     McNerney
     McSally
     Meadows
     Meehan
     Messer
     Mitchell
     Moolenaar
     Mooney (WV)
     Moulton
     Mullin
     Murphy (FL)
     Murphy (PA)
     Newhouse
     Noem
     Norman
     Nunes
     O'Halleran
     Olson
     Palazzo
     Palmer
     Paulsen
     Pearce
     Perry
     Peters
     Peterson
     Pittenger
     Poe (TX)
     Poliquin
     Posey
     Quigley
     Ratcliffe
     Reed
     Reichert
     Renacci
     Rice (SC)
     Roby
     Roe (TN)
     Rogers (AL)
     Rogers (KY)
     Rohrabacher
     Rokita
     Rooney, Thomas J.
     Rosen
     Roskam
     Ross
     Rothfus
     Rouzer
     Royce (CA)
     Ruiz
     Ruppersberger
     Russell
     Rutherford
     Scalise
     Schneider
     Schrader
     Schweikert
     Scott, Austin
     Sensenbrenner
     Sessions
     Shea-Porter
     Shimkus
     Shuster
     Simpson
     Sinema
     Smith (MO)
     Smith (NE)
     Smith (NJ)
     Smith (TX)
     Smucker
     Soto
     Stefanik
     Stewart
     Stivers
     Suozzi
     Taylor
     Tenney
     Thompson (PA)
     Thornberry
     Tipton
     Trott
     Turner
     Upton
     Valadao
     Vela
     Walberg
     Walden
     Walker
     Walorski
     Walters, Mimi
     Weber (TX)
     Webster (FL)
     Wenstrup
     Westerman
     Williams
     Wilson (SC)
     Wittman
     Womack
     Woodall
     Yoder
     Yoho
     Young (AK)
     Young (IA)
     Zeldin

                               NAYS--155

     Abraham
     Adams
     Aguilar
     Amash
     Barragan
     Bass
     Beatty
     Beyer
     Bishop (GA)
     Blumenauer
     Blunt Rochester
     Bonamici
     Boyle, Brendan F.
     Brady (PA)
     Brown (MD)
     Butterfield
     Capuano
     Cardenas
     Carson (IN)
     Cartwright
     Castro (TX)
     Chu, Judy
     Cicilline
     Clark (MA)
     Clarke (NY)
     Clay
     Cleaver
     Clyburn
     Cohen
     Conyers
     Cooper
     Courtney
     Crowley
     Cummings
     Davis (CA)
     Davis, Danny
     DeFazio
     DeGette
     DeLauro
     DelBene
     Demings
     DeSaulnier
     Deutch
     Dingell
     Doggett
     Doyle, Michael F.
     Ellison
     Engel
     Eshoo
     Espaillat
     Esty (CT)
     Evans
     Foster
     Frankel (FL)
     Fudge
     Gallego
     Garamendi
     Gomez
     Gottheimer
     Graves (LA)
     Grijalva
     Grothman
     Gutierrez
     Hanabusa
     Hastings
     Heck
     Higgins (NY)
     Hoyer
     Huffman
     Jayapal
     Jeffries
     Johnson (GA)
     Johnson (LA)
     Jones
     Kaptur
     Kelly (IL)
     Kennedy
     Khanna
     Kildee
     Kilmer
     Langevin
     Larsen (WA)
     Larson (CT)
     Lawrence
     Lee
     Levin
     Lewis (GA)
     Lieu, Ted
     Lofgren
     Lowenthal
     Lowey
     Lujan Grisham, M.
     Lujan, Ben Ray
     Lynch
     Maloney, Carolyn B.
     Matsui
     McCollum
     McEachin
     McGovern
     Meeks
     Meng
     Moore
     Nadler
     Napolitano
     Neal
     Nolan
     Norcross
     O'Rourke
     Pallone
     Panetta
     Payne
     Pelosi
     Perlmutter
     Pingree
     Pocan
     Polis
     Price (NC)
     Raskin
     Rice (NY)
     Richmond
     Roybal-Allard
     Rush
     Ryan (OH)
     Sanchez
     Sanford
     Sarbanes
     Schakowsky
     Schiff
     Scott (VA)
     Scott, David
     Serrano
     Sewell (AL)
     Sherman
     Sires
     Slaughter
     Smith (WA)
     Speier
     Swalwell (CA)
     Takano
     Thompson (CA)
     Thompson (MS)
     Titus
     Tonko
     Torres
     Tsongas
     Vargas
     Veasey
     Velazquez
     Visclosky
     Wasserman Schultz
     Waters, Maxine
     Watson Coleman
     Welch
     Wilson (FL)
     Yarmuth

                             NOT VOTING--14

     Barletta
     Bishop (UT)
     Bridenstine
     Granger
     Hollingsworth
     Johnson, E. B.
     Johnson, Sam
     Long
     Pascrell
     Rooney, Francis
     Ros-Lehtinen
     Tiberi
     Wagner
     Walz

                              {time}  1124

  So the bill was passed.
  The result of the vote was announced as above recorded.
  A motion to reconsider was laid on the table.

                          ____________________