Legislation to Provide Disaster Tax Relief, Including Tax Exemption of Wildfire Settlement Payments, Passes Through the Senate
Washington, D.C.—Today, the U.S. Senate passed H.R. 5863, the Federal Disaster Tax Relief Act. This legislation included Congressman Doug LaMalfa’s (R-Richvale) bill, H.R. 4970, Protect Innocent Victims of Taxation After Fire Act, which will exempt wildfire relief payments from federal income taxes. The legislation... Read More.
