Based on official legislative actions published by Congress.
Message on Senate action sent to the House.
This timeline shows the bill's position in the federal legislative process based on official congressional actions.
Message on Senate action sent to the House.
Praveta uses official congressional material as its source of truth. You can review the underlying record directly.
The bill would extend certain federal tax breaks for personal disaster losses and wildfire relief through 2026.
Extends deduction for qualified disaster-related personal casualty losses.
Defines qualified disaster incident periods through December 31, 2026.
Extends exclusion for qualified wildfire relief payments through 2026.
Adds statutory authority for several related tax rules.
If enacted, taxpayers who suffered disaster losses or received wildfire relief tied to qualifying disasters through 2026 may be able to claim those specific tax deductions or exclusions; the source does not show whether the bill advanced in Congress.
Individuals with unreimbursed disaster losses and recipients of qualified wildfire relief payments would be affected.
The source describes the bill’s provisions but does not show any congressional action or votes.
Praveta summarizes official congressional material and keeps the underlying source available for review.