HR. 140In Committee

Hurricane Helene and Milton Tax Relief Act of 2025

What this bill does

Expands tax relief for Hurricane Helene and Milton victims through charitable deduction increases, retirement plan withdrawal and loan changes, and an earned income tax credit calculation option

Key points
  • Allow penalty free retirement withdrawals
  • Allow prior year EITC calculation
  • Increase charitable deductions
  • Expand retirement plan loan limits

Where it stands

Status
In Committee
Latest action
2025-01-03Referred to the House Committee on Ways and Means.

Topics and policy areas

Select a topic to continue exploring related legislation, members, and committees.

About these signals

Methodology

Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.

Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.