Search Results for keywords:"taxable income exclusion"

Search Results: keywords:"taxable income exclusion"

H. R. 9918 — To exclude from gross income certain relief payments to the victims of the Chiquita Canyon elevated temperature landfill event.
October 04, 2024
Status:Introduced in House
Congress:118
Words:396
H.R. 9918, also known as the “Chiquita Canyon Tax Relief Act,” is a bill introduced in the House of Representatives to help the victims of the Chiquita Canyon elevated temperature landfill event. The bill proposes that any relief payments received by individuals as compensation for losses or...
Simple Explanation
H.R. 9918 is a bill that says if people get money to help fix problems from a big landfill mishap that happened in California in 2022, they don't have to pay taxes on that money. The bill also lists who could give this money, like the government or a specific company, starting from March 2024.
H. R. 1758 — To amend the Internal Revenue Code of 1986 to exclude from gross income certain federally subsidized loan repayments for dental school faculty.
February 27, 2025
Status:Introduced in House
Congress:119
Words:429
H.R. 1758, titled the "Dental Loan Repayment Assistance Act of 2025," proposes an amendment to the Internal Revenue Code of 1986. This amendment aims to exempt certain federally subsidized loan repayments for dental school faculty from being counted as part of their gross...
Simple Explanation
H.R. 1758 is a bill that wants to change the rules about taxes so that some dentists who teach at dental schools don't have to pay tax on certain student loans if the government helps pay them back.
H. R. 1871 — To amend the Internal Revenue Code of 1986 to expand the exclusion for certain conservation subsidies to include subsidies for water conservation or efficiency measures, storm water management measures, and wastewater management measures.
March 05, 2025
Status:Introduced in House
Congress:119
Words:1,080
The bill, H.R. 1871, aims to amend the Internal Revenue Code to include more types of conservation subsidies that can be excluded from taxable income. Specifically, it proposes expanding these exclusions to cover subsidies provided for water conservation, storm water...
Simple Explanation
The bill wants to change the rules so that people don't have to pay taxes on money they get from the government or special programs to save water and manage rain and waste water at home. This change would apply to money received from these programs after the end of 2021.

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