The Disaster Relief and Resilience Act would modify federal tax rules to help businesses recover from major disasters declared in 2024. The bill allows certain business owners operating in federally declared disaster areas to transfer unused general business tax credits to other companies, rather than simply carrying them forward to future years. This applies specifically to businesses with eligible expenses paid between now and January 1, 2028, for operating in a qualified disaster area. The legislation affects businesses of all sizes in disaster zones and would allow them to convert tax credits into cash or other resources more quickly by selling or transferring those credits to other taxpayers. No specific funding appropriation is mentioned in the bill, as it works through the tax code to provide relief rather than direct government spending.