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United States · Bill · S

S. 3711 (118th)

Protect Innocent Victims Of Taxation After Fire Act

referredUnited States· United States Congress· EN

Introduced

31 January 2024

Last action

Status

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

Sponsors

Subjects

Discovery layer

Source updated

20 December 2024

Summary

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.   

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3 official files

Introduced in Senate (text)

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