To amend the Internal Revenue Code of 1986 to provide special rules for casualty losses incurred by reason of Hurricane Ian, Hurricane Nicole, and Hurricane Fiona.
Summary
What This Bill Does
The bill creates short title This Act may be cited as the Hurricane Tax Relief Act and requires tax relief related to Hurricane Ian, Hurricane Nicole, and Hurricane Fiona. It relies on tax rate changes, definition changes, tax deductions, and compliance mandates. The main policy areas are Regulated Industries and Criminal Justice.
Who Benefits and How
Regulated entities and members of the public affected by the bill could face reduced risk and Disaster response agencies and disaster-affected communities could face lower compliance burdens.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties and Public beneficiaries or protected communities affected by the clause could face increased risk.
Key Provisions
- Creates short title This Act may be cited as the Hurricane Tax Relief Act.
- Requires tax relief related to Hurricane Ian, Hurricane Nicole, and Hurricane Fiona.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill creates short title This Act may be cited as the Hurricane Tax Relief Act and requires tax relief related to Hurricane Ian, Hurricane Nicole, and Hurricane Fiona.
Key Policy Areas
Regulated Industries, Criminal Justice
Primary Purpose
The bill creates short title This Act may be cited as the Hurricane Tax Relief Act and requires tax relief related to Hurricane Ian, Hurricane Nicole, and Hurricane Fiona.
Policy Domains
Whole bill
Identified Gains
- Regulated entities and members of the public affected by the bill
- Disaster response agencies and disaster-affected communities
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Public beneficiaries or protected communities affected by the clause
Sponsors
Legislative Progress
IntroducedMr. Donalds (for himself, Mr. C. Scott Franklin of Florida, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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