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Search Results: keywords:"disaster declarations"

  • The bill H.R. 517, titled the “Filing Relief for Natural Disasters Act,” proposes changes to the Internal Revenue Code of 1986. It gives the Secretary of the Treasury the authority to postpone federal tax deadlines for disasters declared by states, similar to those declared...

    Simple Explanation

    The Filing Relief for Natural Disasters Act helps people and businesses get more time to pay taxes after a big storm or flood, no matter if the President or just the Governor says it's a disaster. It gives them 120 days instead of 60 to do this.

  • H.R. 8436, titled the “Quality Loss Adjustment Improvement for Farmers Act,” seeks to amend the Federal Crop Insurance Act to improve how quality loss adjustments are managed for crops. The bill mandates a periodic review of the quality loss adjustment procedures every five...

    Simple Explanation

    H.R. 8436 wants to make sure that when bad weather affects crops, the insurance reviews are fairer and happen every five years. It also tries to make special rules for soybean farmers so they get help that matches their local market conditions.

  • S. 1117, known as the “Quality Loss Adjustment Improvement for Farmers Act,” aims to amend the Federal Crop Insurance Act to enhance procedures for adjusting quality loss in crops. The bill requires the Corporation responsible for crop insurance to conduct reviews of its...

    Simple Explanation

    The Quality Loss Adjustment Improvement for Farmers Act is a bill that wants to make sure farmers are treated fairly if their crops aren't as good because of bad weather. It asks crop insurance people to check regularly how they decide what's fair and to listen to various experts to make improvements.