H.R. 3679: National Disaster Tax Relief Act of 2017

115th Congress · introduced 2017-09-05 · Taxation · Latest: Referred to the House Committee on Ways and Means.

federal

Follow this bill, step by step

Where it came from: introduced 2017-09-05 · official record
Who proposed it: Rep. Reed, Tom [R-NY-23] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the House Committee on Ways and Means. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

National Disaster Tax Relief Act of 2017

Plain summary

National Disaster Tax Relief Act of 2017 This bill amends the Internal Revenue Code to provide tax relief for federally-declared disasters in 2012, 2013, 2014, and 2015. For individuals and businesses located in or investing in the affected areas, the bill allows: expensing of certain disaster expenses, increased deductions for charitable contributions for disaster relief, modifications to rules regarding the deduction of losses attributable to disasters, waivers of certain mortgage revenue bond requirements, an extension of the additional depreciation allowance for business property (bonus depreciation), an increased new markets tax credit limitation, penalty-free distributions from retirement plans, an additional tax exemption for individuals who are displaced, an exclusion from gross income for certain cancellations of indebtedness, a modified rule for determining the earned income of individuals for the earned income tax credit and the child tax credit, an increased rehabilitation tax credit for buildings, additional advance refundings of certain tax-exempt bonds, disaster area recovery bonds, additional low-income housing tax credit allocations, payments of disaster assistance to tax-exempt mutual ditch or irrigation companies without affecting their tax-exempt status, an exclusion from gross income for disaster mitigation payments received from state and local governments, a deduction for payments to a tax-exempt natural disaster fund, a five-year replacement period for property for purposes of the exclusion of gain from an involuntary conversion, a tax credit for a portion of the wages paid to employees, and an enhanced deduction for medical expenses.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

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A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

National Disaster Tax Relief Act of 2017

Source: Congressional Research Service summary (Introduced in House)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Reed, Tom [R-NY-23] · 9 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

John B. Larson (D-CT), Vicente Gonzalez (D-TX), Frank Pallone, Jr. (D-NJ), Christopher H. Smith (R-NJ), Al Green (D-TX)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (4)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Bond: A way to borrow money. A government sells bonds to raise money now and promises to pay it back with interest over time. Bonds repaid from taxes often need voter approval.
Exemption: A rule that removes certain people, property or activities from a tax or requirement.
Rulemaking: The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-115hr3679.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/115/hr>

Record fed-us-cong115-hr3679 · catalog fed-us-congress-bills-cong115 · updated 2026-11-15 by psicol fed-bills-cong115