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- S.2544
S.2544: Hurricanes Florence and Michael and California Wildfire Tax Relief Act
About This Bill
- Introduced Sept. 25, 2019
- Latest Major Action Sept. 25, 2019
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
6 (2 Democrats, 4 Republicans)
Bill Version
- Introduced in Senate - Sept. 25, 2019
Bill Summary
Hurricanes Florence and Michael and California Wildfire Tax Relief Act This bill provides for tax relief for individuals in areas affected by Hurricanes Florence and Michael and the California wildfires. Specifically, it allows tax-free distributions from tax-preferred pension plans for disaster-related expenses, increases the limit on allowable loans from pension plans, allows employers in disaster areas a tax credit to assist in...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Sept. 25, 2019 |
Read twice and referred to the Committee on Finance.
|
| Sept. 25, 2019 |
Introduced in the Senate by Richard M. Burr (R-N.C.) |