US HB1148 | 2019-2020 | 116th Congress

Status

Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on February 11 2019 - 25% progression, died in committee
Action: 2019-02-11 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Permits penalty-free distributions from tax-exempt retirement plans for disaster-related purposes. It also allows an employer whose business was closed during a natural disaster an employee retention credit for 40% of the first $6,000 in wages paid to an eligible employee. The bill allows a temporary suspension of limitations on charitable contributions made for relief efforts in one or more qualified disaster areas and sets forth special rules for personal casualty losses and for determining the earned income tax credit for individuals residing in qualified disaster areas or zones. The bill provides for a mandatory 60-day extension of certain tax deadlines for individuals and business owners in a disaster area.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

2018 Natural Disasters Tax Relief Act

Sponsors


History

DateChamberAction
2019-02-11HouseReferred to the House Committee on Ways and Means.
2019-02-11HouseIntroduced in House

Same As/Similar To

HB536 (Related) 2019-01-14 - Referred to the House Committee on Ways and Means.
HB1095 (Related) 2019-02-07 - Referred to the House Committee on Ways and Means.
SB1133 (Related) 2019-04-10 - Read twice and referred to the Committee on Finance.
HB2284 (Related) 2019-04-10 - Referred to the House Committee on Ways and Means.
HB2145 (Related) 2019-04-09 - Referred to the House Committee on Ways and Means.
HB3301 (Similar To) 2020-01-21 - Placed on the Union Calendar, Calendar No. 300.
HB3287 (Related) 2019-06-13 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

feedback