Senate Bill 764 - Hurricane Tax Relief Act

Purpose and Summary

Chamber: Senate

Introduced date: 2023-03-09

Recent Activity

Read twice and referred to the Committee on Finance.

Alternative Names

Hurricane Tax Relief Act

Hurricane Tax Relief Act

A bill to amend the Internal Revenue Code of 1986 to provide special rules for casualty losses incurred by reason of Hurricane Ian, Hurricane Nicole, and Hurricane Fiona.

Associated Legislation

Hurricane Tax Relief Act

Policy Areas

Taxation

Potential Impact

Sponsors and Supporters

Sen. Scott, Rick [R-FL]

Cosponsors and Supporters

Sen. Rubio, Marco [R-FL]

Committees and Subcommittees

Finance Committee

Variations and Revisions

Hurricane Tax Relief Act

Hurricane Tax Relief Act

12/15/2023, 4:06 PM

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...

Congress
118

Number
S - 764

Introduced on
2023-03-09

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

3/9/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and 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...

Alternative Names
Official Title as IntroducedA bill to amend the Internal Revenue Code of 1986 to provide special rules for casualty losses incurred by reason of Hurricane Ian, Hurricane Nicole, and Hurricane Fiona.

Policy Areas
Taxation

Comments

Recent Activity

Latest Summary4/11/2023

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...


Latest Action3/9/2023
Read twice and referred to the Committee on Finance.