H.R.3987: California Wildfire Tax Relief Act of 2007

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about emergency management
  • Introduced Oct. 29, 2007
  • Latest Major Action Oct. 29, 2007

Bill Sponsor

Bill Summary

California Wildfire Tax Relief Act of 2007 - Provides special tax treatment for taxpayers in areas affected by the California wildfires of October 2007 relating to: (1) nonrecognition of gain from the involuntary conversion of property; (2) limitations on charitable contributions for relief efforts; (3) the exclusion from gross income for discharges of indebtedness; (4) mortgage revenue bonds; (5) limitations on personal casualty losses; (6)...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Oct. 29, 2007

Introduced in the House by Joe Baca (D-Calif.)

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