S. 5257 · 117th Congress · Senate

A bill to amend the Internal Revenue Code of 1986 to extend the time during which a qualified disaster may have occurred for purposes of the special rules for personal casualty losses.

Active· Read twice and referred to the Committee on Finance.
Introduced
Dec 14, 22
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

This bill extends through December 31, 2023, the tax relief for individuals and businesses in presidentially-declared disaster areas declared on or after January 1, 2020.

Action Timeline

2
  1. DEC 14, 2022IntroReferral

    Introduced in Senate

  2. DEC 14, 2022IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Dec 14, 2022

Active