Protect Innocent Victims Of Taxation After Fire Act
This bill excludes from gross income, for income tax purposes, any amount received by an individual taxpayer as a qualified wildfire relief payment. Such payments are compensation for losses, expenses, or damages (including compensation for additional living expenses, certain lost wages, personal injury, death, or emotional distress) incurred as a result of a qualified wildfire disaster. The exclusion only apples to payments received after 2019, and before January 1, 2026.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2024-01-31 | IntroReferral | Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S311) | Senate |
| 2024-01-31 | IntroReferral | Introduced in Senate | Library of Congress |