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S 3711 118th Congress Senate Taxation

Protect Innocent Victims Of Taxation After Fire Act

Introduced: January 31, 2024 Introduced by: Padilla, Alex Democratic · California See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 31, 2024
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S311)
Jan 31, 2024
Introduced in Senate
 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 by an individual taxpayer as a qualified wildfire relief payment. Such payments are compensation for losses, expenses, or damages (including compensation for additional living expenses, certain lost wages, personal injury, death, or emotional distress) incurred as a result of a qualified wildfire disaster. The exclusion only apples to payments received after 2019, and before January 1, 2026.   

What's happening now January 31, 2024

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S311)

 Committees of jurisdiction 1