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HR 4970 118th Congress House Taxation

Protect Innocent Victims Of Taxation After Fire Act

Introduced: July 27, 2023 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 27, 2023
Referred to the House Committee on Ways and Means.
Jul 27, 2023
Introduced in House
 Plain-English summary Congressional Research Service

Protect Innocent Victims Of Taxation After Fire Act

This bill excludes from gross income, for income tax purposes, any amount received after 2019 and before 2026 by an individual taxpayer as a qualified wildfire relief payment. The bill defines such payment as compensation for expenses or losses incurred as a result of a federally declared forest or range fire disaster.

What's happening now July 27, 2023

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1