Hurricane Wilma Taxpayer Relief Act of 2005

Summary

Hurricane Wilma Taxpayer Relief Act of 2005 - Amends the Internal Revenue to provide tax relief for victims of Hurricane Wilma, including by: (1) exempting retirement plan distributions for Hurricane Wilma relief made after October 23, 2005, and before January 1, 2007, from the penalty for premature retirement plan distributions. (2) allowing three-year income averaging, for income tax purposes, of retirement plan distributions for Hurricane Wilma relief; (3) allowing the recontribution of retirement plan distributions intended for home purchases that were canceled due to Hurricane Wilma; (4) allowing tax-free loans from retirement plans for Hurricane Wilma relief; (5) suspending limitations on the tax deduction for the charitable contributions of corporations for Hurricane Wilma relief; (6) increasing the standard mileage rate for the charitable use of a vehicle for Hurricane Wilma relief; (7) excluding from the gross income of charitable volunteers reimbursements for the use of automobiles to provide Hurricane Wilma relief; (8) suspending limitations on the tax deduction for personal casualty losses attributable to Hurricane Wilma; and (9) extending from two to five years the mandatory replacement period for property compulsorily or involuntarily converted due to Hurricane Wilma. Declares that any provision of this Act causing an effect on receipts, budget authority, or outlays is designated as an emergency requirement (pursuant to section 402 of H. Con. Res. 95 [109th Congress]).

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Timeline

1. 15 November 2005

   Introduced

   Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

2. 15 November 2005

   Introduced

   Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

3. 15 November 2005

   Introduced

   Introduced in House

   Source: IntroReferral

4. 15 November 2005

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 15 November 2005 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 15 November 2005

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 15 November 2005

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 15 November 2005

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Shaw, E. Clay, Jr. [R-FL-22] · R · Sponsor
• Rep. Foley, Mark [R-FL-16] · R · Sponsor
• Rep. Ros-Lehtinen, Ileana [R-FL-27] · R · Sponsor
• Rep. Hastings, Alcee L. [D-FL-20] · D · Sponsor
• Rep. Diaz-Balart, Lincoln [R-FL-21] · R · Sponsor
• Rep. Diaz-Balart, Mario [R-FL-26] · R · Sponsor
• Rep. Wexler, Robert [D-FL-19] · D · Sponsor
• Rep. Harris, Katherine [R-FL-13] · R · Sponsor
• Rep. Brown-Waite, Ginny [R-FL-5] · R · Sponsor
• Rep. Mack, Connie [R-FL-14] · R · Sponsor
• Rep. Bilirakis, Michael [R-FL-9] · R · Sponsor
• Rep. Miller, Jeff [R-FL-1] · R · Sponsor
• Rep. Wasserman Schultz, Debbie [D-FL-25] · D · Sponsor
• Rep. Brown, Corrine [D-FL-5] · D · Sponsor
• Rep. Crenshaw, Ander [R-FL-4] · R · Sponsor
• Rep. Putnam, Adam H. [R-FL-12] · R · Sponsor
• Rep. Davis, Jim [D-FL-11] · D · Sponsor
• Rep. Young, C. W. Bill [R-FL-13] · R · Cosponsor
• · hsbu00 · Standing
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.