Search Results: keywords:"federal disasters"

  • H. RES. 961 — Providing for the consideration of the bill (H.R. 5863) to provide tax relief with respect to certain Federal disasters.
    Status:Introduced in House
    Words:250

    H. RES. 961 sets out the procedure for how the House of Representatives will consider the bill H.R. 5863, which aims to provide tax relief for certain federal disasters. Under this resolution, the bill will be discussed in the House without amendments, and the usual rules that might block its...

    Simple Explanation

    H. RES. 961 tells how the House of Representatives will talk about a plan called H.R. 5863, which is about giving tax help to people after big disasters. It allows them to talk about the plan for one hour, but they can't change it, and only one chance is given to suggest doing something different with it.

  • H. R. 8846 — To provide tax relief with respect to certain Federal disasters relating to severe storms, straight-line winds, and tornadoes.
    Status:Introduced in House
    Words:764

    The bill H. R. 8846, titled the “Heartland Emergency Assistance Relief from Tax Act of 2024” or "HEART Act of 2024," aims to provide tax relief for people affected by severe storms, straight-line winds, and tornadoes. It allows individuals to exclude from their gross income...

    Simple Explanation

    The HEART Act of 2024 is a special rule that lets people not pay taxes on money they get to help fix damage from really bad storms, but only if they can't get money back from insurance. It’s like when someone gives you a gift to help fix your broken toys after a storm, and you don't have to give any of it back.

  • H. R. 5863 — An Act To provide tax relief with respect to certain Federal disasters.
    Status:Engrossed in House
    Words:872

    H.R. 5863, known as the “Federal Disaster Tax Relief Act of 2023,” aims to provide tax relief for individuals affected by certain federal disasters. The bill extends the rules for treating disaster-related personal losses and excludes wildfire relief payments from gross income. It also treats...

    Simple Explanation

    H.R. 5863 wants to help people with their taxes if they were hurt by things like big wildfires or accidents. It tries to make it easier for them not to pay extra money on some kinds of help they get.