US Congress Senate Bill 2928 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on December 23 2009 - 25% progression, died in chamber
Action: 2009-12-23 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S13883-13884)
Text: Latest bill text (Introduced) [PDF]

Heartland Disaster Tax Relief Extension Act of 2009 - Amends the Heartland Disaster Tax Relief Act of 2008 or the Internal Revenue Code to extend through 2010 certain tax provisions related to disaster relief, including: (1) credits to holders of disaster area tax credit bonds; (2) increased disaster zone education tax benefits; (3) penalty-free distributions from tax-exempt retirement plans for disaster-related expenses; (4) authority to adjust the tax status of taxpayers in a disaster area; (5) deductibility of losses, including net operating losses, attributable to federally declared disasters; (6) expensing of disaster-related capital expenditures; (7) waiver of mortgage revenue bond requirements; and (8) accelerated depreciation of nonresidential real property or residential rental property located in a disaster area.

Heartland Disaster Tax Relief Extension Act of 2009

Sen. Chuck Grassley [R-IA]

Date	Chamber	Action
2009-12-23		Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S13883-13884)

HB4205 (Related) 2009-12-03 - Referred to the House Committee on Ways and Means.
SB2815 (Related) 2009-11-20 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S11886)

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/senate-bill/2928/all-info
Text	https://www.congress.gov/111/bills/s2928/BILLS-111s2928is.pdf