S. 764 · 118th Congress · Senate

Hurricane Tax Relief Act

Active· Read twice and referred to the Committee on Finance.
Introduced
Mar 9, 23
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Hurricane Tax Relief Act

This bill modifies tax rules relating to personal casualty losses for taxpayers affected by Hurricanes Ian, Nicole, and Fiona. It eliminates the requirements that such taxpayers must itemize their tax deductions as a condition of eligibility for relief and that their losses exceed 10% of their adjusted gross income. The bill applies these modified requirements to residents of Puerto Rico affected by the Hurricanes.

Action Timeline

2
  1. MAR 09, 2023IntroReferral

    Introduced in Senate

  2. MAR 09, 2023IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Mar 9, 2023

Active