H.R. 3679
115th Congress
House
National Disaster Tax Relief Act of 2017
Official title: To amend the Internal Revenue Code of 1986 to provide tax relief for major disasters declared in any of calendar years 2012 through 2015, to make certain tax r… Show full official titleShow less
Official title: To amend the Internal Revenue Code of 1986 to provide tax relief for major disasters declared in any of calendar years 2012 through 2015, to make certain tax relief provisions permanent, and for other purposes.
Taxation
Business investment and capitalCharitable contributionsCredit and credit marketsDisaster relief and insurance
More subjectsShow fewer subjects
Employee benefits and pensionsFinancial services and investmentsHealth care costs and insuranceHomelessness and emergency shelterHousing finance and home ownershipIncome tax creditsIncome tax deductionsIncome tax exclusionLife, casualty, property insuranceLow- and moderate-income housingNatural disastersPoverty and welfare assistanceResidential rehabilitation and home repairSecuritiesState and local government operationsTax administration and collection, taxpayersTax treatment of familiesTax-exempt organizationsWages and earningsWater use and supply
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 5, 2017
Referred to the House Committee on Ways and Means.
Sep 5, 2017
Introduced in House
Ask about this bill
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.
Latest action
Referred to the House Committee on Ways and Means.
Plain-English summary
National Disaster Tax Relief Act of 2017
This bill amends the Internal Revenue Code to provide tax relief for federally-declared disasters in 2012, 2013, 2014, and 2015. For individuals and businesses located in or investing in the affected areas, the bill allows:
- expensing of certain disaster expenses,
- increased deductions for charitable contributions for disaster relief,
- modifications to rules regarding the deduction of losses attributable to disasters,
- waivers of certain mortgage revenue bond requirements,
- an extension of the additional depreciation allowance for business property (bonus depreciation),
- an increased new markets tax credit limitation,
- penalty-free distributions from retirement plans,
- an additional tax exemption for individuals who are displaced,
- an exclusion from gross income for certain cancellations of indebtedness,
- a modified rule for determining the earned income of individuals for the earned income tax credit and the child tax credit,
- an increased rehabilitation tax credit for buildings,
- additional advance refundings of certain tax-exempt bonds,
- disaster area recovery bonds,
- additional low-income housing tax credit allocations,
- payments of disaster assistance to tax-exempt mutual ditch or irrigation companies without affecting their tax-exempt status,
- an exclusion from gross income for disaster mitigation payments received from state and local governments,
- a deduction for payments to a tax-exempt natural disaster fund,
- a five-year replacement period for property for purposes of the exclusion of gain from an involuntary conversion,
- a tax credit for a portion of the wages paid to employees, and
- an enhanced deduction for medical expenses.
Related & companion bills
1
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). H.R. 3679: National Disaster Tax Relief Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-3679/
"H.R. 3679: National Disaster Tax Relief Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-3679/.
H.R. 3679, 115th Cong. (2026), https://openamerica.io/bill/115-HR-3679/.
[H.R. 3679: National Disaster Tax Relief Act of 2017](https://openamerica.io/bill/115-HR-3679/)