S2744Referred to Committee

Federal Disaster Tax Relief Act of 2025

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-09-09
Introduced
4
Cosponsors
S
Type

Sponsor

Rick Scott
Rick Scott
Republican · FL · Senator
Votes with party: 73.4% (856 recorded votes)
Top industries funding sponsor:
  • Conservative Groups$380k

Full profile: /officials/S001217

Source: Congress.gov · FEC

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on Finance.

2025-09-09

Source: Congress.gov

Committee Activity

Previously

Plain-English Summary

This bill would provide tax breaks and financial relief to individuals and businesses affected by major disasters, likely allowing them to deduct disaster losses, defer tax payments, or receive credits to help with recovery costs. The relief would apply to people whose homes or property were damaged and companies that suffered business interruptions from qualifying disasters. The goal is to reduce the tax burden on disaster victims during their recovery period.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation
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