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Wildfire Victim Tax Relief and Recovery Act

USA118th CongressS-4806| Senate 
| Updated: 7/25/2024
Ted Cruz

Ted Cruz

Republican Senator

Texas

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Wildfire Victim Tax Relief and Recovery Act This bill excludes from gross income, for income tax purposes, Texas Panhandle fire disaster relief payments provided by a governmental agency or Xcel Energy. The bill exempts from income tax proceeds from involuntary conversions of livestock due to Panhandle fires.
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Timeline
Jul 25, 2024

Latest Companion Bill Action

HR 118-9155
Introduced in House
Jul 25, 2024
Introduced in Senate
Jul 25, 2024
Read twice and referred to the Committee on Finance.
  • July 25, 2024

    Latest Companion Bill Action

    HR 118-9155
    Introduced in House


  • July 25, 2024
    Introduced in Senate


  • July 25, 2024
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • HR 118-9155: Wildfire Victim Tax Relief and Recovery Act

Wildfire Victim Tax Relief and Recovery Act

USA118th CongressS-4806| Senate 
| Updated: 7/25/2024
Wildfire Victim Tax Relief and Recovery Act This bill excludes from gross income, for income tax purposes, Texas Panhandle fire disaster relief payments provided by a governmental agency or Xcel Energy. The bill exempts from income tax proceeds from involuntary conversions of livestock due to Panhandle fires.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 25, 2024

Latest Companion Bill Action

HR 118-9155
Introduced in House
Jul 25, 2024
Introduced in Senate
Jul 25, 2024
Read twice and referred to the Committee on Finance.
  • July 25, 2024

    Latest Companion Bill Action

    HR 118-9155
    Introduced in House


  • July 25, 2024
    Introduced in Senate


  • July 25, 2024
    Read twice and referred to the Committee on Finance.
Ted Cruz

Ted Cruz

Republican Senator

Texas

Finance Committee

Taxation

Related Bills

  • HR 118-9155: Wildfire Victim Tax Relief and Recovery Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted