S4806-118

Introduced

To exclude certain amounts relating to compensating victims of the Texas Panhandle fires, and for other purposes.

118th Congress Introduced Jul 25, 2024

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 exclude certain amounts relating to compensating victims of the Texas Panhandle fires, and for other purposes., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers. The main policy domain is Energy, Agriculture, Criminal Justice.

Who Benefits and How

energy producers, utilities, and energy consumers 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, energy producers, utilities, and energy consumers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section S1: 1. Short title This Act may be cited as the Wildfire Victim Tax Relief and Recovery Act.
  • Section ide069e444f4be425bafe815a502492906: 2. Texas panhandle fire disaster relief payments Texas Panhandle fire payments shall be treated as qualified disaster relief payments for purposes of section...
  • Section id5fd60bbffef6436fb42509ec4deecd6d: 3. Involuntary conversions of livestock Section 1033(e)(1) of the Internal Revenue Code of 1986 is amended by inserting fire, after flood,. Section 1033(e)(2)...
  • Section idc9c4e3b979904f459288bf3da42a7aeb: 4. Proceeds from livestock sold on account of fire Section 451(g) of the Internal Revenue Code of 1986 is amended by inserting fire, after flood. The heading...

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 exclude certain amounts relating to compensating victims of the Texas Panhandle fires, and for other purposes., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.

Key Policy Areas

Energy, Agriculture, Criminal Justice

Primary Purpose

This bill, To exclude certain amounts relating to compensating victims of the Texas Panhandle fires, and for other purposes., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.

Policy Domains

Energy Agriculture Criminal Justice

Whole bill

Identified Gains
  • energy producers, utilities, and energy consumers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
energy producers, utilities, and energy consumers: ,
Identified Costs
  • federal implementing agencies
  • energy producers, utilities, and energy consumers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies: ,
energy producers, utilities, and energy consumers: ,

Legislative Progress

Introduced
Introduced Committee Passed
Jul 25, 2024

Mr. Cruz introduced the following bill; which was read twice …

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
Energy Agriculture Criminal Justice
Actor Mappings
"the_commission"
→ The commission identified in the operative 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.

Learn more about our methodology