Disaster Tax Act of 2011
Official title: To amend the Internal Revenue Code of 1986 to extend and expand tax relief for national disasters.
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Referred to the House Committee on Ways and Means.
Disaster Tax Act of 2011 - Amends the Internal Revenue Code, with respect to disaster tax relief provisions, to: (1) provide for an increase in the tax deduction for losses attributable to a federally declared disaster, (2) make permanent expensing provisions for qualified disaster expenses and qualified disaster assistance property and for net operating losses attributable to federally declared disasters, (3) waive specified requirements for the issuance of mortgage revenue bonds in disaster areas, (4) increase the limit for charitable contributions for disaster relief for individuals and corporations, and (5) increase the new markets tax credit for low-income community investments within a disaster area.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 2718: Disaster Tax Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-HR-2718/
"H.R. 2718: Disaster Tax Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-2718/.
H.R. 2718, 112th Cong. (2026), https://openamerica.io/bill/112-HR-2718/.
[H.R. 2718: Disaster Tax Act of 2011](https://openamerica.io/bill/112-HR-2718/)