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HR 3560 101th Congress House Taxation Disaster loans Disasters Government securities Income tax Individual retirement accounts Local finance Losses Small business State finance Tax credits Tax-exempt securities

To amend the Internal Revenue Code of 1986 to provide tax relief for certain disaster losses, and for other purposes.

Introduced: October 31, 1989 See on congress.gov
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This bill died when the 101st Congress ended
It never became law before the 101st Congress (1989–1990) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 31, 1989
Referred to the House Committee on Ways and Means.
Oct 31, 1989
Introduced in House
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 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to allow a tax credit for unused disaster losses attributable to a disaster occurring before December 31, 1991. Prohibits the use of the tax credit together with the tax deduction for losses.

Sets forth special rules for disaster losses involving residences.

Allows penalty-free withdrawals from retirement plans for disaster losses occurring after July 31, 1989, and before January 1, 1992.

Provides a tax exemption for State and local bonds used to provide disaster loans to small and moderate businesses for disasters occurring after July 31, 1989.

What's happening now October 31, 1989

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Pelosi, Nancy
California · Oct 31, 1989
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3560: To amend the Internal Revenue Code of 1986 to provide tax relief for certain disaster losses, and for other purposes.. 101st Congress. Open America. https://openamerica.io/bill/101-HR-3560/
MLA
"H.R. 3560: To amend the Internal Revenue Code of 1986 to provide tax relief for certain disaster losses, and for other purposes.." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-HR-3560/.
Bluebook (legal)
H.R. 3560, 101st Cong. (2026), https://openamerica.io/bill/101-HR-3560/.
Markdown link
[H.R. 3560: To amend the Internal Revenue Code of 1986 to provide tax relief for certain disaster losses, and for other purposes.](https://openamerica.io/bill/101-HR-3560/)
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