Bill118th CongressFiled Mar 1, 2023Taxation
H.R. 1270
To exclude certain amounts relating to compensating victims of the East Palestine train derailment, and for other purposes.
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Mar 1, 2023)
This bill excludes from gross income, for income tax purposes, compensation received by individuals and businesses for losses resulting from the East Palestine, Ohio train derailment on February 3, 2023. This includes lost business income paid by a federal, state, or local government agency, Norfolk Southern Railway, or any subsidiary, insurer, or agent of the railway, or any related person.
What just happenedMar 1, 2023
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Johnson, Bill [R-OH-6](R-OH)Sponsor
12 cosponsors3 D9 R
12cosponsors1committees3actions1related bills
- Introduced in HouseMar 1, 2023
- Mar 1, 2023IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Mar 1, 2023IntroReferralIntro-H
Introduced in House
- Mar 1, 2023IntroReferral1000
Introduced in House