United States · Bill · S
S. 3043 (118th)
Natural Disaster Tax Relief Act of 2023
Introduced
16 October 2023
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
5 December 2025
Summary
Natural Disaster Tax Relief Act of 2023 This bill sets forth tax relief provisions for individual taxpayers for losses resulting from a major disaster occurring in 2023. Specifically, the bill allows penalty-free disaster-relief withdrawals from tax-exempt retirement plans up to $100,000, permits recontributions of such withdrawals for home purchases or construction cancelled due to the disaster, increases to $100,000 the limit on loans for disaster assistance from retirement plans, and enhances the tax deduction for disaster-related personal casualty losses.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 16 October 2023
Introduced in Senate (PDF)
Introduced in Senate · EN · 16 October 2023
Introduced in Senate
summary · EN · 16 October 2023
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/118th-congress/senate-bill/3043
- Open data entity: https://api.congress.gov/v3/bill/118/s/3043