To amend the Internal Revenue Code of 1986 to provide a lookback rule in the case of certain federally declared disasters for amounts related to earned income for purposes of determining certain tax credits.
Summary
What This Bill Does
The bill creates short title This Act may be cited as the Tax Fairness for Disaster Victims Act and creates lookback rule in case of certain federally declared disasters for amounts related to earned income for purposes of determining certain tax credits Section 32 of the Internal Revenue Code of 1986 is amended. It relies on tax rate changes, definition changes, tax credits, and compliance mandates. The main policy areas are Disaster Relief And Emergency Management and Criminal Justice.
Who Benefits and How
Disaster response agencies and disaster-affected communities could face reduced risk, Lobbyists, political organizations, and disclosure users affected by the bill could gain revenue opportunities, and Public beneficiaries or protected communities affected by the clause could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties.
Key Provisions
- Creates short title This Act may be cited as the Tax Fairness for Disaster Victims Act.
- Creates lookback rule in case of certain federally declared disasters for amounts related to earned income for purposes of determining certain tax credits Section 32 of the Internal Revenue Code of 1986 is amended...
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 Tax Fairness for Disaster Victims Act and creates lookback rule in case of certain federally declared disasters for amounts related to earned income for purposes of determining certain tax credits Section 32 of the Internal Revenue Code of 1986 is amended.
Key Policy Areas
Disaster Relief And Emergency Management, Criminal Justice
Primary Purpose
The bill creates short title This Act may be cited as the Tax Fairness for Disaster Victims Act and creates lookback rule in case of certain federally declared disasters for amounts related to earned income for purposes of determining certain tax credits Section 32 of the Internal Revenue Code of 1986 is amended.
Policy Domains
Whole bill
Identified Gains
- Disaster response agencies and disaster-affected communities
- Lobbyists, political organizations, and disclosure users affected by the bill
- Public beneficiaries or protected communities affected by the clause
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
Sponsors
Legislative Progress
IntroducedMs. Porter (for herself, Ms. Mace, Mr. Harder of California, …
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?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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