HR5574-118

Introduced

To amend the Internal Revenue Code of 1986 to increase the dollar threshold applicable to information reporting with respect to payments for qualified natural disaster expenses.

118th Congress Introduced Sep 19, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to increase the dollar threshold applicable to information reporting with respect to payments for qualified natural disaster expenses., changes federal law or congressional policy affecting environmental regulators and natural-resource users. The main policy domain is Environment, Transportation, Foreign Policy.

Who Benefits and How

environmental regulators and natural-resource users may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, environmental regulators and natural-resource users may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section HA6CA4FA191BC4C99879363FF311F9AA7: 1. Short title This Act may be cited as the Natural Disaster Property Protection Act of 2023.
  • Section H8DC8958256944EFF878E93E4C2B3CA98: 2. Increase in threshold requiring information reporting to respect to qualified natural disaster expenses Section 6041 of the Internal Revenue Code of 1986 is...

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

This bill, To amend the Internal Revenue Code of 1986 to increase the dollar threshold applicable to information reporting with respect to payments for qualified natural disaster expenses., changes federal law or congressional policy affecting environmental regulators and natural-resource users.

Key Policy Areas

Environment, Transportation, Foreign Policy

Primary Purpose

This bill, To amend the Internal Revenue Code of 1986 to increase the dollar threshold applicable to information reporting with respect to payments for qualified natural disaster expenses., changes federal law or congressional policy affecting environmental regulators and natural-resource users.

Policy Domains

Environment Transportation Foreign Policy

Whole bill

Identified Gains
  • environmental regulators and natural-resource users
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
environmental regulators and natural-resource users:
Identified Costs
  • federal implementing agencies
  • environmental regulators and natural-resource users
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies:
environmental regulators and natural-resource users:

Legislative Progress

Introduced
Introduced Committee Passed
Sep 19, 2023

Ms. Pettersen (for herself and Mr. LaMalfa) introduced the following …

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?

Domains
Environment Transportation Foreign Policy
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

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.

Learn more about our methodology