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- H.R.1148
H.R.1148: 2018 Natural Disasters Tax Relief Act
About This Bill
- Introduced Feb. 11, 2019
- Latest Major Action Feb. 11, 2019
Bill Sponsor
Bill Cosponsors
3 (1 Democrat, 2 Republicans)
Bill Version
- Introduced in House - Feb. 11, 2019
Bill Summary
2018 Natural Disasters Tax Relief Act This bill 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...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Feb. 11, 2019 |
Referred to the House Committee on Ways and Means.
|
| Feb. 11, 2019 |
Introduced in the House by Tom Rice (R-S.C.) |