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S. 3711

BillFederalSenateIn Committee
Protect Innocent Victims Of Taxation After Fire Act
About This Bill
Committee
Latest Action · January 31, 2024
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S311)
Congress
118th (2023–2025)
Introduced
January 31, 2024
Cosponsors (4)
2D 2R
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Summary

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Protect Innocent Victims Of Taxation After Fire Act This bill excludes from gross income, for income tax purposes, any amount received by an individual taxpayer as a qualified wildfire relief payment. Such payments are compensation for losses, expenses, or damages (including compensation for additional living expenses, certain lost wages, personal injury, death, or emotional distress) incurred as a result of a qualified wildfire disaster. The exclusion only apples to payments received after 2019, and before January 1, 2026.

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