US HB4172 | 2017-2018 | 115th Congress

Status

Spectrum: Partisan Bill (Democrat 22-0)
Status: Introduced on October 31 2017 - 25% progression, died in committee
Action: 2017-11-03 - Referred to the Subcommittee on Health.
Pending: House Subcommittee on Health Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Give A HAND Act Give Assistance and Help to Americans impacted by Natural Disasters Act This bill amends the Internal Revenue Code to allow various tax credits, deductions, and modifications to existing rules in areas impacted by disasters. With respect to areas in which a federally declared disaster occurred, the bill allows: expensing of disaster expenses, increased charitable contribution limits and mileage rates, modifications to rules regarding deductions for losses, waivers of certain mortgage revenue bond requirements, increased expensing and bonus depreciation, an increased new markets tax credit allocation, penalty-free distributions from retirement plans, an additional exemption for providing housing to displaced individuals, an exclusion for cancellations of indebtedness, the use of the previous year's income for calculating the earned income tax credit and the child tax credit, an increased rehabilitation credit for buildings, additional advance refundings of certain tax-exempt bonds, disaster area recovery bonds, additional low-income housing credit allocations, an exclusion for disaster mitigation payments received from state and local governments, a deduction for payments to a tax-exempt natural disaster fund, a credit for a portion of the wages paid to employees, an exclusion for employer-provided housing, an enhanced deduction for medical expenses, and extensions for tax and Medicare filing deadlines. The bill also modifies several deductions, credits, and other tax provisions that affect Puerto Rico and the U.S. Virgin Islands.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Give A HAND Act Give Assistance and Help to Americans impacted by Natural Disasters Act

Sponsors


History

DateChamberAction
2017-11-03HouseReferred to the Subcommittee on Health.
2017-10-31HouseReferred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2017-10-31HouseReferred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2017-10-31HouseIntroduced in House

Same As/Similar To

HB3679 (Related) 2017-09-05 - Referred to the House Committee on Ways and Means.
HB1403 (Related) 2017-03-07 - Referred to the House Committee on Ways and Means.
HB2530 (Related) 2017-05-18 - Referred to the House Committee on Ways and Means.
HB4060 (Related) 2017-10-12 - Referred to the House Committee on Ways and Means.

Subjects

Alcoholic beverages
Building construction
Business investment and capital
Caribbean area
Charitable contributions
Community life and organization
Credit and credit markets
Disaster relief and insurance
Employee benefits and pensions
Financial services and investments
Hazardous wastes and toxic substances
Health care costs and insurance
Historic sites and heritage areas
Homelessness and emergency shelter
Housing finance and home ownership
Income tax credits
Income tax deductions
Income tax exclusion
Life, casualty, property insurance
Low- and moderate-income housing
Medicare
Natural disasters
Poverty and welfare assistance
Puerto Rico
Residential rehabilitation and home repair
Sales and excise taxes
Securities
State and local government operations
Tax administration and collection, taxpayers
Tax treatment of families
Tax-exempt organizations
Taxation
Transportation costs
U.S. territories and protectorates
Virgin Islands
Wages and earnings
Water use and supply

US Congress State Sources


Bill Comments

feedback