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Tax Fairness for Disaster Victims Act

6/30/2025, 6:05 PM

Summary of Bill HR 3975

This bill, designated as H.R. 3975 in the 119th Congress, aims to amend the Internal Revenue Code of 1986 to establish a lookback rule specifically for federally declared disasters. The focus is on earned income related to determining certain tax credits.

Current Status of Bill HR 3975

Bill HR 3975 is currently in the status of Bill Introduced since June 12, 2025. Bill HR 3975 was introduced during Congress 119 and was introduced to the House on June 12, 2025.  Bill HR 3975's most recent activity was Referred to the House Committee on Ways and Means. as of June 12, 2025

Bipartisan Support of Bill HR 3975

Total Number of Sponsors
3
Democrat Sponsors
3
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
7
Democrat Cosponsors
7
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3975

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 3975

To amend the Internal Revenue Code of 1986 to provide a lookback rule in the case of certain federally declared disasters for amounts related to earned income for purposes of determining certain tax credits.
To amend the Internal Revenue Code of 1986 to provide a lookback rule in the case of certain federally declared disasters for amounts related to earned income for purposes of determining certain tax credits.

Comments

Fiona Jordan profile image

Fiona Jordan

636

7 months ago

Not sure what this is all about. Who benefits from it?