Filing Relief for Natural Disasters Act

Hozzl · 2025-03-05T20:56:15Z

Explore the details of House Bill 517 Filing Relief for Natural Disasters Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

3/5/2025, 8:56 PM

Summary of Bill HR 517

Bill 119 HR 517, also known as the "Disaster Tax Relief and Airport and Airway Extension Act of 2021," aims to amend the Internal Revenue Code of 1986 in order to make changes to the rules for postponing certain deadlines in the event of a disaster.

The bill specifically addresses the procedures for taxpayers and businesses who are affected by a disaster, such as a natural disaster or a pandemic, and need additional time to meet their tax obligations. It allows for the postponement of certain tax-related deadlines, such as filing tax returns or making tax payments, in order to provide relief to those impacted by the disaster.

Additionally, the bill includes provisions related to airport and airway funding, extending certain authorities and funding levels for the Federal Aviation Administration (FAA) and the Transportation Security Administration (TSA) through September 30, 2021. Overall, Bill 119 HR 517 seeks to provide necessary relief and support to individuals and businesses facing challenges due to disasters, while also ensuring the continued operation and funding of key aviation agencies.

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Current Status of Bill HR 517

Bill HR 517 is currently in the status of Bill Introduced since January 16, 2025. Bill HR 517 was introduced during Congress 119 and was introduced to the House on January 16, 2025. Bill HR 517's most recent activity was Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 42 - 0. as of February 26, 2025