2018 Natural Disasters Tax Relief Act
Latest action · Feb 11, 2019 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 11, 2019
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
2018 Natural Disasters Tax Relief Act
This bill permits penalty-free distributions from tax-exempt retirement plans for disaster-related purposes. It also allows an employer whose business was closed during a natural disaster an employee retention credit for 40% of the first $6,000 in wages paid to an eligible employee.
The bill allows a temporary suspension of limitations on charitable contributions made for relief efforts in one or more qualified disaster areas and sets forth special rules for personal casualty losses and for determining the earned income tax credit for individuals residing in qualified disaster areas or zones.
The bill provides for a mandatory 60-day extension of certain tax deadlines for individuals and business owners in a disaster area.
Cosponsors 3
Members who signed on, in the order they did. Signatures ran from Feb 11, 2019 to Feb 26, 2019; 2 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MP | Gregorio Kilili Camacho Sablan | Original | Feb 11, 2019 |
| R-FL | Neal P. Dunn | Original | Feb 11, 2019 |
| R-FL | Matt Gaetz | Feb 26, 2019 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Feb 11, 2019 |
Actions 2
Everything that happened, newest first.
- Feb 11, 2019Introduced in House
- Feb 11, 2019Referred to the House Committee on Ways and Means.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 165, no. 26, February 11, 2019, page H1518.
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R45922 | Tax Issues Relating to Charitable Contributions and Organizations Archived | Report | Aug 4, 2020 |
Related bills 7
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 536 | Hurricane Florence Tax Relief Act | Related bill | Jan 14, 2019 |
| HR 1095 | Disaster Certainty Act of 2019 | Related bill | Feb 7, 2019 |
| S 1133 | Disaster Tax Relief Act of 2019 | Related bill | Apr 10, 2019 |
| HR 2145 | Disaster Tax Relief Act of 2019 | Related bill | Apr 9, 2019 |
| HR 2284 | Disaster Tax Relief Act of 2019 | Related bill | Apr 10, 2019 |
| HR 3287 | TREAD Act | Related bill | Jun 13, 2019 |
| HR 3301 | Taxpayer Certainty and Disaster Tax Relief Act of 2019 | Related bill | Jan 21, 2020 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To provide for disaster tax relief.
- Short Title(s) as Introduced
- 2018 Natural Disasters Tax Relief Act
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Alabama
- American Samoa
- California
- Charitable contributions
- Disaster relief and insurance
- Employee benefits and pensions
- Fires
- Floods and storm protection
- Government employee pay, benefits, personnel management
- Guam
- Hawaii
- Income tax credits
- Income tax deductions
- Income tax deferral
- Income tax exclusion
- Indiana
- Natural disasters
- North Carolina
- Northern Mariana Islands
- Tax administration and collection, taxpayers
- Tax treatment of families
- Taxation
- Texas
- U.S. territories and protectorates
- Wages and earnings
- Wisconsin
Text 1
Each version as it was printed, newest first.
- Feb 11, 2019Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
