United States · Bill · S
S. 2020 (109th)
Tax Relief Act of 2005
Introduced
16 November 2005
Last action
18 November 2005 · Vote
Status
Passed Senate with an amendment by Yea-Nay Vote. 64 - 33. Record Vote Number: 347.
Sponsors
Sen. Grassley, Chuck [R-IA]
Subjects
Environment, Housing, Taxation, Education
Source updated
9 March 2026
Environment · Housing · Taxation · Education
Summary
Tax Relief Act of 2005 - Amends the Internal Revenue Code to: (1) provide tax incentives in areas affected by Hurricanes Katrina, Rita, and Wilma; (2) extend various expiring tax provisions; (3) revise provisions relating to charitable contributions and charitable organizations; (4) restrict tax shelter activity and increase penalties for underpayment of tax; and (5) revise provisions relating to taxation of foreign income, tax reporting, and accounting methods. Establishes a Gulf Opportunity Zone to provide tax benefits for areas affected by Hurricane Katrina, including bonus depreciation and increased expensing for small business property, additional private activity bond authority, increased funding for low income housing, and a tax credit for the retention of employees in the Hurricane Katrina disaster area. Extends existing tax relief provisions to areas affected by Hurricanes Rita and Wilma, including expanded eligibility for mortgage loans, tax-free use of retirement funds for disaster relief purposes, increased tax deduction for corporate charitable contributions, and tax adjustments for low-income taxpayers. Extends various tax provisions, including: (1) increased expensing for depreciable business property; (2) the tax credit for retirement savings contributions; (3) the tax deduction for higher education expenses; (4) the election to deduct state and local sales taxes in lieu of income taxes; (5) increased exemption amounts for the alternative minimum tax; (6) the tax credit for increasing research activities; (7) the work opportunity and welfare-to-work tax credit; (8) tax deductions for school teacher expenses and for corporate donations of computer equipment for educational purposes; (9) expensing of environmental remediation costs; and (10) the Indian employment tax credit and accelerated depreciation for business property on Indian Reservations. Revises various provisions relating to charitable donations and charitable organizations, including: (1) allowing nonitemizing taxpayers a limited tax deduction for charitable contributions; (2) allowing tax-free distributions from retirement accounts for charitable purposes; (3) restricting participation of tax-exempt organizations in tax shelter activities; (4) modifying recordkeeping requirements for certain charitable organizations; and (5) setting standards for credit counseling organizations. Defines "economic substance" for purposes of evaluating tax shelter transactions. Imposes increased civil and criminal penalties for tax evasion. Revises tax rules for individuals who expatriate to avoid U.S. taxation.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
15 November 2005
Reported
Committee on Finance ordered to be reported an original measure.
Source: Committee
16 November 2005
Floor
Measure laid before Senate by unanimous consent. (consideration: CR S12923-12924, S12925-12940)
Source: Floor
16 November 2005
Calendars
Placed on Senate Legislative Calendar under General Orders. Calendar No. 288.
Source: Calendars
16 November 2005
Reported
Committee on Finance. Original measure reported to Senate by Senator Grassley. Without written report.
Source: Committee
16 November 2005
Reported
Committee on Finance. Original measure reported to Senate by Senator Grassley. Without written report.
Source: Committee
16 November 2005
Introduced
Introduced in Senate
Source: IntroReferral
17 November 2005
Floor
Considered by Senate. (consideration: CR S13072-13145)
Source: Floor
18 November 2005
Vote
Passed Senate with an amendment by Yea-Nay Vote. 64 - 33. Record Vote Number: 347.
Source: Floor
18 November 2005
Vote
Passed/agreed to in Senate: Passed Senate with an amendment by Yea-Nay Vote. 64 - 33. Record Vote Number: 347.
Source: Floor
Votes
17 November 2005 · Bill Passed · On Passage of the Bill S. 2020 · Bill Passed · Official source
Yes 64 · No 33 · Abstain — · Absent/not voting 3
- Sen. Allard, Wayne [R-CO]Yea
- Sen. Specter, Arlen [R-PA]Yea
- Sen. Obama, Barack [D-IL]Nay
- Sen. Boxer, Barbara [D-CA]Nay
Showing the first 4 recorded positions. Vote totals above are complete.
Versions
- Engrossed in Senate · 5 December 2005 · Download file
- Placed on Calendar Senate · 16 November 2005 · Download file
Documents
6 official files
Engrossed in Senate (text)
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Engrossed in Senate (text)
Engrossed in Senate · EN · 5 December 2005
Engrossed in Senate (PDF)
Engrossed in Senate · EN · 5 December 2005
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Passed Senate amended
summary · EN · 18 November 2005
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Placed on Calendar Senate (text)
Placed on Calendar Senate · EN · 16 November 2005
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Placed on Calendar Senate (PDF)
Placed on Calendar Senate · EN · 16 November 2005
ViewDownloadOpen at official source
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Introduced in Senate
summary · EN · 16 November 2005
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Sen. Grassley, Chuck [R-IA] · R · Sponsor
- · ssfi00 · Standing
Related records
- related to → Gulf Opportunity Zone Act of 2005
- related to → Tax Increase Prevention and Reconciliation Act of 2005
- related to → Tax Revision Act of 2005
- related to → Tax Revision Act of 2005
- related to → Gulf Opportunity Zone Act of 2005
- amends ← SAMDT 2589
- amends ← SAMDT 2619
- amends ← SAMDT 2662
- amends ← SAMDT 2639
- amends ← To amend the Internal Revenue Code of 1986 to provide tax benefits for areas affected by Hurricanes Katrina, Rita, and Wilma and to extend certain expiring provisions, and for other purposes.
- amends ← To improve the Federal Trade Commission's ability to protect consumers from price-gouging during energy emergencies, and for other purposes.
- amends ← SAMDT 2659
- amends ← SAMDT 2622
Showing 13 of 85 related records.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/109th-congress/senate-bill/2020
- Open data entity: https://api.congress.gov/v3/bill/109/s/2020
- us · 109-s-2020 · source updated 9 March 2026