Doug LaMalfa Federal Disaster Tax Relief Certainty Act
7 August 2026 | Passed Senate (unanimous consent)
What's next: Presidential review (±10 days)
Summary: The bill would extend federal tax breaks for people who suffered losses in major disasters and wildfires. It would allow taxpayers to deduct personal casualty losses from disasters occurring through the end of 2026, and would let people exclude wildfire relief payments from their taxable income if the fires were declared federal disasters between 2015 and 2026, regardless of when they receive the payments.
[AI-Generated]Sign in to vote or follow