Congress considers tax breaks for victims of hurricanes Harvey, Irma and Maria
Photo: Instagram mindthemix
The House of Representatives approved a package of tax breaks for victims of hurricanes Harvey, Irma and Maria on Thursday, 27 September. The bill now goes to the Senate, where it will be considered before the end of the week. He writes about it USA Today.
Earlier, the chairman of the Human Rights Committee in Kevin Brady published a new draft law on disaster management, which will provide temporary tax cuts to the victims of hurricanes Harvey, Irma and Maria.
“My bill would help hurricane victims receive more compensation for their damages and have immediate access to the money they saved for retirement,” Brady said in the bill.
The bill will allow disaster victims to use pension funds without paying a fine and providing a tax credit to employers affected by the disaster for up to $ 6 000 per employee.
The bill was well received by representatives of the affected areas.
“Immediate tax relief is critical to helping Floridians recover and get back on their feet,” said Republican Congressman Vern Buchanan. “This measure is the first positive step towards recovery.”
Photo: Instagram mindthemix
Earlier this month, Congress passed a $15 billion disaster relief bill as a "down payment" on Hurricane Harvey relief in Texas and Louisiana. Several more measures are expected in the coming weeks and months to address the needs of disaster victims.
Read also on ForumDaily:
How to prepare for a hurricane: step by step instructions
How to protect your home and wallet if you live in a hurricane zone
Is it possible to stop the hurricane: the invention of the Ukrainian scientist and other ways
Personal experience: how I survived hurricane Irma
10 things worth having in the house so as not to be afraid of the hurricane and the flood
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