HR 3287
116th Congress
House
Taxation
Charitable contributions
Disaster relief and insurance
Government employee pay, benefits, personnel management
Guam
Income tax credits
Income tax deductions
Income tax deferral
Income tax exclusion
Natural disasters
Northern Mariana Islands
Tax administration and collection, taxpayers
Tax treatment of families
U.S. territories and protectorates
Wages and earnings
TREAD Act
Introduced: June 13, 2019
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 13, 2019
Referred to the House Committee on Ways and Means.
Jun 13, 2019
Introduced in House
Plain-English summary
Tax Relief and Expedited Assistance for Disasters Act of 2019 or the TREAD Act
This bill provides tax relief for qualified disaster areas (i.e., an area, excluding a California wildfire disaster area, for which a major disaster was declared on or after January 1, 2018). Specifically, the bill provides for distributions and loans from retirement plans for disaster assistance, a tax credit for wages paid by employers in a qualified disaster area, a temporary suspension of limitations on the deductibility of charitable contributions, and an automatic extension of filing deadlines for taxpayers affected by disasters.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1