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Providing for the consideration of the bill (H.R. 5863) to provide tax relief with respect to certain Federal disasters.
6/18/2024, 6:47 PM
Summary of Bill HRES 961
Bill 118 HRES 961, also known as the Providing for the consideration of the bill (H.R. 5863), aims to provide tax relief for individuals and businesses affected by certain Federal disasters. The bill specifically focuses on offering tax breaks to those who have experienced financial hardship due to disasters such as hurricanes, wildfires, and other natural calamities.
H.R. 5863, the main bill that Bill 118 HRES 961 is seeking to consider, outlines various provisions for tax relief, including deductions for disaster-related expenses, tax credits for rebuilding efforts, and extensions for filing deadlines. These measures are designed to alleviate the financial burden on those who have suffered losses as a result of these disasters.
The bill emphasizes the importance of providing support to individuals and businesses in the aftermath of Federal disasters, recognizing the significant impact these events can have on communities and the economy as a whole. By offering tax relief, the government aims to help affected individuals and businesses recover and rebuild in a timely manner. Overall, Bill 118 HRES 961 seeks to address the immediate needs of those impacted by Federal disasters by providing much-needed tax relief and support. It underscores the government's commitment to assisting individuals and businesses in times of crisis and ensuring that they have the resources necessary to recover and thrive.
H.R. 5863, the main bill that Bill 118 HRES 961 is seeking to consider, outlines various provisions for tax relief, including deductions for disaster-related expenses, tax credits for rebuilding efforts, and extensions for filing deadlines. These measures are designed to alleviate the financial burden on those who have suffered losses as a result of these disasters.
The bill emphasizes the importance of providing support to individuals and businesses in the aftermath of Federal disasters, recognizing the significant impact these events can have on communities and the economy as a whole. By offering tax relief, the government aims to help affected individuals and businesses recover and rebuild in a timely manner. Overall, Bill 118 HRES 961 seeks to address the immediate needs of those impacted by Federal disasters by providing much-needed tax relief and support. It underscores the government's commitment to assisting individuals and businesses in times of crisis and ensuring that they have the resources necessary to recover and thrive.
Congressional Summary of HRES 961
This resolution provides for the consideration of the bill (H.R. 5863) to provide tax relief with respect to certain federal disasters.
Read the Full Bill
Current Status of Bill HRES 961
Bill HRES 961 is currently in the status of Bill Introduced since January 11, 2024. Bill HRES 961 was introduced during Congress 118 and was introduced to the House on January 11, 2024. Bill HRES 961's most recent activity was UNANIMOUS CONSENT REQUEST - Mr. Steil asked unanimous consent that H. Res. 961 be laid on the table. Agreed to without objection. as of May 21, 2024
Bipartisan Support of Bill HRES 961
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HRES 961
Primary Policy Focus
CongressAlternate Title(s) of Bill HRES 961
Providing for the consideration of the bill (H.R. 5863) to provide tax relief with respect to certain Federal disasters.
Providing for the consideration of the bill (H.R. 5863) to provide tax relief with respect to certain Federal disasters.
Comments
Sponsors and Cosponsors of HRES 961
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