To amend the Internal Revenue Code of 1986 to provide tax relief for damages relating to federally declared disasters during September 2013, and for other purposes.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Apr 28, 2014)
Amends the Internal Revenue Code, with respect to tax relief for federally-declared disasters, to: (1) allow the expensing of qualified disaster expenses (i.e., for removal of debris, demolition, and repair of business-related property) for a disaster occurring during September 2013; (2) allow individual taxpayers an increased tax deduction for charitable contributions made for relief efforts related to a federally-declared disaster which occurs after August 31, 2013, if such contributions are made by December 31, 2014; and (3) allow corporations an increased tax deduction for disaster-related charitable contributions.
What just happenedApr 28, 2014
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseApr 28, 2014
- Apr 28, 2014IntroReferralH11100
Referred to the House Committee on Ways and Means.
- Apr 28, 2014IntroReferralIntro-H
Introduced in House
- Apr 28, 2014IntroReferral1000
Introduced in House