Skip to main content
HR 720 109th Congress House

September 11th Tax Correction Act

Official title: To provide for income tax treatment relating to certain losses arising from, and grants made as a result of, the September 11, 2001, terrorist attacks on New York City.

Introduced: February 9, 2005 Introduced by: Nadler, Jerrold Democratic · New York See on congress.gov
Taxation Block grantsCommerceCommunity developmentCrime and Law Enforcement
More subjectsShow fewer subjects
Economics and Public FinanceGovernment Operations and PoliticsIncome taxInfrastructureInternational AffairsLimitation of actionsNew York CitySeptember 11, 2001Tax creditsTax deductionsTax exclusionTax refundsTerrorismUrban affairsUrban economic development
Sign in to write a letter Sign in to watch
This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) 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
Feb 9, 2005
Referred to the House Committee on Ways and Means.
Feb 9, 2005
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action February 9, 2005

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

September 11th Tax Correction Act - Excludes from gross income, and exempts from the prohibition against tax deductions for expenses and interest relating to tax-exempt income, retention grants paid from Federal community development block grant funds for assistance for properties or businesses damaged by, or for economic revitalization related to, the September 11, 2001, terrorist attacks on New York City.

Exempts such retention grants from information reporting requirements under the Internal Revenue Code.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 720: September 11th Tax Correction Act. 109th Congress. Open America. https://openamerica.io/bill/109-HR-720/
MLA
"H.R. 720: September 11th Tax Correction Act." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-720/.
Bluebook (legal)
H.R. 720, 109th Cong. (2026), https://openamerica.io/bill/109-HR-720/.
Markdown link
[H.R. 720: September 11th Tax Correction Act](https://openamerica.io/bill/109-HR-720/)
Report a problem