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.