S. 496In Committee
Wildfire Victim Tax Relief and Recovery Act
Plain-English overview
What this bill does
Allows tax relief for wildfire victims by expanding livestock gain deferral after fires and excluding certain Texas wildfire relief payments from taxable income
Key points
- Allow exclusion of wildfire relief payments
- Extend livestock gain deferral
Current status
Where it stands
Status
In Committee
Latest action
2025-02-10 — Read twice and referred to the Committee on Finance.
Related context
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Discovery signals
About these signals
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.