Fair Disaster Tax Relief Act of 2008

Summary

Fair Disaster Tax Relief Act of 2008 - Amends the Internal Revenue Code to provide special tax rules for individuals affected by a federally declared disaster, including: (1) allowance of all personal casualty losses incurred in a federally declared disaster in excess of $500; (2) an increase in the standard tax deduction for disaster losses; (3) full expensing of business-related disaster cleanup expenses; (4) extension of the net operating loss carryback period from two to five years for disaster-related losses; and (5) allowance of tax-exempt bond financing of low-interest loans for principal residences damaged in a federally declared disaster.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 29 July 2008

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 29 July 2008

   Introduced

   Introduced in House

   Source: IntroReferral

3. 29 July 2008

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 29 July 2008 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 29 July 2008

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 29 July 2008

  ViewDownloadOpen 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.

• Introduced in House

  summary · EN · 29 July 2008

  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. Kind, Ron [D-WI-3] · D · Sponsor
• Rep. Lewis, John [D-GA-5] · D · Sponsor
• Rep. Tanner, John S. [D-TN-8] · D · Sponsor
• Rep. Meek, Kendrick B. [D-FL-17] · D · Sponsor
• Rep. Davis, Artur [D-AL-7] · D · Sponsor
• Rep. Moore, Gwen [D-WI-4] · D · Sponsor
• Rep. Sensenbrenner, F. James, Jr. [R-WI-5] · R · Sponsor
• Rep. Melancon, Charlie [D-LA-3] · D · Sponsor
• Rep. Cazayoux, Donald J., Jr. [D-LA-6] · D · Sponsor
• Rep. Jefferson, William J. [D-LA-2] · D · Sponsor
• Rep. Carnahan, Russ [D-MO-3] · D · Sponsor
• Rep. Paul, Ron [R-TX-14] · R · Sponsor
• Rep. Michaud, Michael H. [D-ME-2] · D · Sponsor
• Rep. Bishop, Timothy H. [D-NY-1] · D · Sponsor
• Rep. Herger, Wally [R-CA-2] · R · Cosponsor
• Rep. Miller, Brad [D-NC-13] · D · Cosponsor
• Rep. Musgrave, Marilyn N. [R-CO-4] · R · Cosponsor
• Rep. Brady, Kevin [R-TX-8] · R · Cosponsor
• Rep. Hastings, Alcee L. [D-FL-20] · D · Cosponsor
• · hswm00 · Standing

Related records

• related to ← Disaster Tax Relief Act of 2008