To treat Hurricane Ian as a qualified disaster for purposes of determining the tax treatment of certain disaster-related personal casualty losses.

Bill 118 hr 1331, also known as the Hurricane Ian Disaster Tax Relief Act, aims to provide tax relief for individuals affected by Hurricane Ian. The bill proposes to classify Hurricane Ian as a qualified disaster, allowing individuals to claim disaster-related personal casualty losses on their taxes.

This means that individuals who have suffered property damage or loss as a result of Hurricane Ian will be able to deduct these losses on their tax returns, potentially reducing their tax liability. This tax relief is intended to help individuals recover from the financial burden of the hurricane and rebuild their lives.

The bill does not specify the exact criteria for determining eligibility for this tax relief, but it is likely that individuals will need to provide documentation of their losses and demonstrate that they were directly caused by Hurricane Ian. Overall, the Hurricane Ian Disaster Tax Relief Act seeks to provide much-needed assistance to individuals who have been impacted by Hurricane Ian, allowing them to recoup some of their losses and move forward with their recovery efforts.