[Congressional Record Volume 170, Number 180 (Thursday, December 5, 2024)]
[House]
[Page H6378]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                          DISASTER TAX PACKAGE

  (Ms. TOKUDA asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. TOKUDA. Mr. Speaker, I share Representative LaMalfa's 
appreciation that last night the Senate finally unanimously passed the 
bipartisan Federal Disaster Tax Relief Act, sending it to the 
President's desk.
  This bill includes language that I introduced over a year ago to help 
Maui fire victims deduct their disaster-related losses and keep money 
in their pockets. This bill will also exempt wildfire disaster 
settlement payments from being taxed.
  As Maui and other fire-impacted communities across the country focus 
on their recoveries, they deserve certainty that the financial relief 
they receive will go entirely to them and to their ``family,'' 
``ohana.''
  For months, this bill and the financial relief it provides to our 
Maui ``family,'' ``ohana,'' have been among my top priorities in 
Congress. I am proud to have been part of a majority in the House in 
signing a discharge petition, forcing a vote on this bill, and passing 
it overwhelmingly back in May, where it has remained with the Senate.
  I am grateful to have been part of this bipartisan effort with my 
friends: Congressmen Greg Steube, Doug LaMalfa, and   Mike Thompson. 
While this has been a long journey together, I am proud we have gotten 
this over the finish line, and I hope President Biden will sign this 
bill into law as soon as possible.

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