TREAD Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jun 13, 2019)
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.
What just happenedJun 13, 2019
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseJun 13, 2019
- Jun 13, 2019IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jun 13, 2019IntroReferralIntro-H
Introduced in House
- Jun 13, 2019IntroReferral1000
Introduced in House