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Search Results: keywords:"hurricane milton"

  • S. 5518 proposes extending the deadline for certain companies to submit beneficial ownership information reports if they are affected by Hurricane Helene or Milton. The bill identifies affected companies as those in areas where the President has declared a major disaster....

    Simple Explanation

    This bill wants to give some extra time to certain companies to share important ownership details if they are in places hit by big storms called Hurricane Helene or Milton. These companies won't have to send their papers until January 1, 2026, because it might be hard for them to do so right now.

  • H. R. 10309, known as the "Build America First Act," aims to stop federal funding for certain sections of the Foreign Assistance Act and reroute these funds to support disaster relief efforts following Hurricanes Helene and Milton. The bill proposes transferring unused funds...

    Simple Explanation

    H. R. 10309 wants to take money that normally helps other countries and use it to help people at home deal with big storms called Hurricanes Helene and Milton. It suggests moving some of the leftover money to make sure there are enough resources to help people who are affected by these storms.

  • H. R. 10203, also known as the "Hurricane Helene and Milton Tax Relief Act of 2024," aims to provide specific tax relief to people affected by Hurricanes Helene and Milton. The bill allows individuals in disaster areas to calculate their earned income tax credit based on...

    Simple Explanation

    H. R. 10203 is a plan to help people who were affected by two big storms, Hurricane Helene and Hurricane Milton, by letting them pay less in taxes. It allows them to use last year's income to get more money back from taxes, give more to help others without paying extra taxes, and use their savings for emergencies without any penalties.