Federal Disaster Tax Relief Act of 2023
This bill extends rules for the treatment of certain disaster-related personal casualty losses and provides tax relief for losses due to wildfires and a certain incident involving a train derailment.
Specifically, the bill excludes from taxpayer gross income, for income tax purposes, any amount received by an individual taxpayer as compensation for expenses or losses incurred due to a qualified wildfire disaster (a disaster declared after 2014 as a result of a forest or range fire). It also excludes relief payments for losses resulting from the East Palestine, Ohio, train derailment on February 3, 2023.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2024-12-12 | President | Became Public Law No: 118-148. | Library of Congress |
| 2024-12-12 | President | Signed by President. | Library of Congress |
| 2024-12-10 | Floor | Presented to President. | House floor actions |
| 2024-12-05 | Floor | Message on Senate action sent to the House. | Senate |
| 2024-12-04 | Floor | Passed Senate without amendment by Voice Vote. (consideration: CR S6813) | Senate |
| 2024-12-04 | Discharge | Senate Committee on Finance discharged by Unanimous Consent. | Senate |
| 2024-05-22 | IntroReferral | Received in the Senate and Read twice and referred to the Committee on Finance. | Senate |
| 2024-05-21 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
| 2024-05-21 | Vote | On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 382 - 7 (Roll no. 219). (text: CR H3379) | House floor actions |
| 2024-05-21 | Floor | Considered as unfinished business. (consideration: CR H3387-3388) | House floor actions |
| 2024-05-21 | Floor | At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. | House floor actions |
| 2024-05-21 | Floor | DEBATE - The House proceeded with forty minutes of debate on H.R. 5863. | House floor actions |
| 2024-05-21 | Floor | Considered under suspension of the rules. (consideration: CR H3379-3382) | House floor actions |
| 2024-05-21 | Floor | Mr. Smith (MO) moved to suspend the rules and pass the bill, as amended. | House floor actions |
| 2024-01-16 | Calendars | Placed on the Union Calendar, Calendar No. 284. | House floor actions |
| 2024-01-16 | Committee | Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-348. | House floor actions |
| 2023-11-02 | Committee | Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 38 - 0. | House committee actions |
| 2023-11-02 | Committee | Committee Consideration and Mark-up Session Held | House committee actions |
| 2023-10-02 | IntroReferral | Referred to the House Committee on Ways and Means. | House floor actions |
| 2023-10-02 | IntroReferral | Introduced in House | Library of Congress |