S. 3711 · 118th Congress
Protect Innocent Victims Of Taxation After Fire Act
- Stage
- In committee
- Sponsor
- Alex Padilla
- Introduced
- 2024-01-31
- Latest action
- 2024-01-31 · Introduced in Senate
Summary
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.