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H.R. 3287

TREAD Act

Tax Relief and Expedited Assistance for Disasters Act of 2019 or the TREAD Act

This bill provides tax relief for qualified disaster areas (i.e., an area, excluding a California wildfire disaster area, for which a major disaster was declared on or after January 1, 2018). Specifically, the bill provides for distributions and loans from retirement plans for disaster assistance, a tax credit for wages paid by employers in a qualified disaster area, a temporary suspension of limitations on the deductibility of charitable contributions, and an automatic extension of filing deadlines for taxpayers affected by disasters.

Referred to the House Committee on Ways and Means.

Rep. Rice, Tom [R-SC-7](R-SC)Sponsor
21 cosponsors21 R
21cosponsors1committees3actions8related bills14subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House