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HR 3987 110th Congress House Taxation Accounting Bonds California Capital gains tax Charitable contributions Debt Disaster relief Displaced persons Earnings Emergency Management Families Finance and Financial Sector Forest fires Home ownership Housing and Community Development Income tax Individual retirement accounts Labor and Employment Loans

California Wildfire Tax Relief Act of 2007

Introduced: October 31, 2007 See on congress.gov
This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) 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 29, 2007
Referred to the House Committee on Ways and Means.
Oct 29, 2007
Introduced in House
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 Plain-English summary Congressional Research Service

California Wildfire Tax Relief Act of 2007 - Provides special tax treatment for taxpayers in areas affected by the California wildfires of October 2007 relating to: (1) nonrecognition of gain from the involuntary conversion of property; (2) limitations on charitable contributions for relief efforts; (3) the exclusion from gross income for discharges of indebtedness; (4) mortgage revenue bonds; (5) limitations on personal casualty losses; (6) additional tax exemptions for providing housing for displaced individuals; (7) earned income calculations; (8) dependency status for purposes of tax exemptions or the child tax credit; (9) premature withdrawals from retirement plans; (10) income averaging; (11) recontributions to tax-deferred home purchase plans; and (12) loans from tax-qualified employer plans.

What's happening now October 29, 2007

Referred to the House Committee on Ways and Means.

 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. 3987: California Wildfire Tax Relief Act of 2007. 110th Congress. Open America. https://openamerica.io/bill/110-HR-3987/
MLA
"H.R. 3987: California Wildfire Tax Relief Act of 2007." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-3987/.
Bluebook (legal)
H.R. 3987, 110th Cong. (2026), https://openamerica.io/bill/110-HR-3987/.
Markdown link
[H.R. 3987: California Wildfire Tax Relief Act of 2007](https://openamerica.io/bill/110-HR-3987/)
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