Congress on Wednesday approved legislation to provide financial relief to victims of natural disasters.
The “Federal Disaster Tax Relief Act,” H.R. 5863, from Rep. Greg Steube (R-Fla.), passed the Senate by unanimous consent. It passed the House 382-7 in May.
The bill would make it easier for people to deduct losses from natural disasters. It would also exempt certain aid relief payments and compensation from taxes.
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“We’ve been working in a bipartisan fashion, and we’ve had to do that because we’re fixing something that went haywire in the 2017 tax bill,” said Senate Finance Chair Ron Wyden (D-Ore.).
