Search Results: keywords:"state-declared disasters"

  • H. R. 517 — An Act To amend the Internal Revenue Code of 1986 to modify the rules for postponing certain deadlines by reason of disaster.
    Status:Referred in Senate
    Words:612

    H. R. 517, also known as the "Filing Relief for Natural Disasters Act," aims to amend the Internal Revenue Code to adjust the rules for postponing certain tax deadlines due to disasters. The bill allows the Secretary of the Treasury, after consulting with FEMA, to extend...

    Simple Explanation

    H. R. 517 is a plan to let people have more time to file their taxes if there's a big storm or disaster, like a hurricane. This means they can wait a little longer, up to four months, to do their taxes if something bad happens where they live.

  • S. 132 — To amend the Internal Revenue Code of 1986 to modify the rules for postponing certain deadlines by reason of disaster.
    Status:Introduced in Senate
    Words:626

    S. 132 seeks to change the Internal Revenue Code to allow for more flexibility in postponing federal tax deadlines when a state declares a disaster. The bill enables the Secretary of the Treasury to apply disaster relief tax rules, usually reserved for federally declared...

    Simple Explanation

    S. 132 wants to change the rules so people get more time to pay their taxes when bad things happen, like natural disasters, in their town or state. It lets state leaders say that a disaster has happened, and people would then get extra time (up to four months) to fix their tax stuff.