Federal Disaster Tax Relief Act of 2023
The summary
What this bill does
Federal Disaster Tax Relief Act of 2023
This bill extends rules for the treatment of certain disaster-related personal casualty losses and provides tax relief for losses due to wildfires and a certain incident involving a train derailment.
Specifically, the bill excludes from taxpayer gross income, for income tax purposes, any amount received by an individual taxpayer as compensation for expenses or losses incurred due to a qualified wildfire disaster (a disaster declared after 2014 as a result of a forest or range fire). It also excludes relief payments for losses resulting from the East Palestine, Ohio, train derailment on February 3, 2023.
Legislative timeline
From introduction
Oct 2, 2023
Introduced & referred to committee
Dec 12, 2024
Became Public Law No: 118-148.
Congressional support
Sponsors & Cosponsors
U.S. Representative - FL District 17 · R-FL
35 cosponsors
U.S. Representative - CA District 1 · R-CA
U.S. Representative - CA District 4 · D-CA
· R-OH
U.S. Representative - FL District 26 · R-FL
U.S. Representative - FL District 19 · R-FL
U.S. Representative - CA District 26 · D-CA
U.S. Representative - OR-1 · D-OR
U.S. Representative - MN District 5 · D-MN
U.S. Representative - WA District 4 · R-WA
U.S. Representative - TX District 1 · R-TX
U.S. Representative - FL District 18 · R-FL
U.S. Representative - KY District 6 · R-KY
+ 23 more cosponsors
Roll-call vote
The vote, by member
The vote, by member
VERSION CHANGES
What changed,
and where.
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Bill Metadata
| Congress | 118 |
| Bill Type | HR |
| Bill Number | 5863 |
| Origin Chamber | House |
| Current Status | Introduced |
| Policy Area | Taxation |
| Primary Committee | Not assigned |
| Introduced | October 2, 2023 |
| Latest Action | December 12, 2024 |
| Cosponsors | 35 · House vote — · 1 views |