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September 29—House & Senate pass Disaster Relief bill

September 29, 2017

On September 28, the House, by a vote of 264 to 155, passed H.R. 3823, the “Disaster Tax Relief and Airport and Airway Extension Act of 2017,” which would reauthorize the Federal Aviation Administration (FAA) for six months and deliver temporary tax relief to the victims of Hurricanes Harvey, Irma, and Maria.

Tax provisions in the bill would make it easier for people with hurricane losses to write them off on their taxes, eliminating a requirement that personal losses must exceed 10% of adjusted gross income to qualify for a deduction. It would also give hurricane victims penalty-free access to retirement funds and temporarily suspend limitations on the deduction for charitable contributions to hurricane relief made before year-end. For a full discussion of the tax provisions in this bill, see .

Shortly thereafter, on September 28, the Senate, by voice vote, also passed the bill. However, the Senate added an amendment increasing funding for Puerto Rico. Accordingly, the bill must return the House to be voted on again. It is likely the House will approve it by voice vote, either on Thursday (Sept. 28) or Friday (Sept. 30).

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