TREAD Act
Latest action · Jun 13, 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.
- IntroducedJun 13, 2019
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
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.
Cosponsors 21
Members who signed on, in the order they did. Signatures ran from Jun 26, 2019 to Oct 29, 2019.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-TX | Jodey C. Arrington | Jun 26, 2019 | |
| R-SC | Joe Wilson | Jun 26, 2019 | |
| R-FL | Neal P. Dunn | Jun 26, 2019 | |
| R-FL | Ted S. Yoho | Jun 26, 2019 | |
| R-WV | Alexander X. Mooney | Sep 18, 2019 | |
| R-KY | Andy Barr | Sep 18, 2019 | |
| R-GA | Austin Scott | Sep 18, 2019 | |
| R-UT | Chris Stewart | Sep 18, 2019 | |
| R-CA | Duncan Hunter | Sep 18, 2019 | |
| R-FL | Matt Gaetz | Sep 18, 2019 | |
| R-IL | Mike Bost | Sep 18, 2019 | |
| R-PA | Mike Kelly | Sep 18, 2019 | |
| R-AZ | Paul A. Gosar | Sep 18, 2019 | |
| R-TX | Pete Olson | Sep 18, 2019 | |
| R-MS | Steven M. Palazzo | Sep 18, 2019 | |
| R-NC | Ted Budd | Sep 18, 2019 | |
| R-OH | Warren Davidson | Sep 18, 2019 | |
| R-SC | William R. Timmons IV | Sep 18, 2019 | |
| R-VA | H. Morgan Griffith | Sep 24, 2019 | |
| R-GA | A. Drew Ferguson IV | Oct 1, 2019 | |
| R-OK | Kevin Hern | Oct 29, 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 Jun 13, 2019 |
Actions 2
Everything that happened, newest first.
- Jun 13, 2019Introduced in House
- Jun 13, 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. 99, June 13, 2019, page H4697.
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 8
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 |
| S 617 | Tax Extender and Disaster Relief Act of 2019 | Related bill | Mar 4, 2019 |
| S 1133 | Disaster Tax Relief Act of 2019 | Related bill | Apr 10, 2019 |
| HR 1148 | 2018 Natural Disasters Tax Relief Act | Related bill | Feb 11, 2019 |
| HR 1865 | Further Consolidated Appropriations Act, 2020 | Related bill | Dec 20, 2019 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to provide for permanent disaster relief.
- Short Title(s) as Introduced
- TREAD Act
- Tax Relief and Expedited Assistance for Disasters Act of 2019
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Charitable contributions
- Disaster relief and insurance
- Government employee pay, benefits, personnel management
- Guam
- Income tax credits
- Income tax deductions
- Income tax deferral
- Income tax exclusion
- Natural disasters
- Northern Mariana Islands
- Tax administration and collection, taxpayers
- Tax treatment of families
- Taxation
- U.S. territories and protectorates
- Wages and earnings
Text 1
Each version as it was printed, newest first.
- Jun 13, 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.
