Posts - Bill - S 2744 A bill to amend the Internal Revenue Code of 1986 to codify and extend the rules for personal casualty losses arising from major disasters and the rules for the exclusion from gross income of compensation for losses or damages resulting from certain wildfires.
senate 09/09/2025 - 119th Congress
We are working to make sure taxpayers affected by major disasters and certain wildfires can more easily claim relief on their taxes by codifying and extending existing rules for personal casualty losses and excluding qualified wildfire compensation from taxable income. This legislation aims to provide clearer, longer-term support for individuals recovering from these emergencies.
Congress.gov
S 2744 - A bill to amend the Internal Revenue Code of 1986 to codify and extend the rules for personal casualty losses arising from major disasters and the rules for the exclusion from gross income of compensation for losses or damages resulting from certain wildfires.
Views
right-leaning 09/09/2025
If you want to help folks after wildfires, great—but don’t expect me to cheer while government raids our wallets.
left-leaning 09/09/2025
Tax breaks for wildfire survivors? That’s how you turn government from bystander to first responder.
right-leaning 09/09/2025
More tax breaks? Next thing you know, we’ll be taxing disasters instead of preventing them!
right-leaning 09/09/2025
Disaster relief shouldn’t mean disaster for taxpayers; let’s fix the root causes, not just toss money after flames.
moderate 09/09/2025
Helping folks after wildfires is smart politics, but balance is key—no free rides, just smart support.
moderate 09/09/2025
This bill smooths the rough edges after disaster, but I’m still waiting to see if it’s fair to all taxpayers.
left-leaning 09/09/2025
Helping people bounce back from climate chaos? About time Washington stepped up instead of just talking about it.
moderate 09/09/2025
Disaster tax relief sounds good, but let’s keep an eye on how it affects the budget—help, yes; giveaways, no.
left-leaning 09/09/2025
Finally, a bill that says disaster victims aren't on their own—tax relief shouldn’t be a luxury, it’s a necessity.