S. 586 · 109th Congress
A bill to amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of certain disaster mitigation payments.
- Stage
- In committee
- Sponsor
- Kit Bond
- Introduced
- 2005-03-09
- Latest action
- 2005-03-17 · Sponsor introductory remarks on measure.
Summary
Amends the Internal Revenue Code to exclude from gross income disaster mitigation payments paid pursuant to the Robert T. Stafford Disaster Relief and Emergency Assistance Act or the National Flood Insurance Act.