Senate Bill 3711
118th Congress(2023-2024)
Protect Innocent Victims Of Taxation After Fire Act
Introduced
Introduced in Senate on Jan 31, 2024
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3711
Congress
118
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
Protect Innocent Victims Of Taxation After Fire Act
This bill excludes from gross income, for income tax purposes, any amount received by an individual taxpayer as a qualified wildfire relief payment. Such payments are compensation for losses, expenses, or damages (including compensation for additional living expenses, certain lost wages, personal injury, death, or emotional distress) incurred as a result of a qualified wildfire disaster. The exclusion only apples to payments received after 2019, and before January 1, 2026.
January 31, 2024
Sort by most recent
01/31/2024
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S311)
01/31/2024
Introduced in Senate
Public Record
Record Updated
Jun 27, 2024 3:35:12 PM