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Search Results: keywords:"section 139 amendment"

  • H. R. 9837 is a bill introduced in the House of Representatives that aims to change the tax code to help farmers. Specifically, it would allow certain emergency assistance they receive, like help from programs dealing with natural disasters such as wildfires and hurricanes,...

    Simple Explanation

    In simple words, this bill wants to help farmers by making sure that any emergency money they get when bad things like wildfires or hurricanes happen doesn't count as income they have to pay taxes on, starting in 2024.