,,ii  #aae? ,,congress  #a/ ,session    
,s4 #ahib  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,septemb] #bh1 #bjag   
,mr4 ,cruz 7= himself1 ,mr4 ,cornyn1 &  
,mr4 ,rubio7 introduc$ ! foll[+ bill2   
:i* 0 read twice & ref]r$ to !          
,committee on ,f9ance  ,a ,,bill  ,to   
provide tax relief relat$ to ,hurricanes
 ,h>vey1 ,irma1 & ,m>ia4  #a4           
,def9itions  7a7 ,hurricane ,h>vey      
disa/] zone & disa/] area ,= purposes ( 
?is ,act-- 7#a7 ,hurricane ,h>vey disa/]
 zone ,! t]m ,hurricane ,h>vey disa/]   
zone means t portion ( ! ,hurricane     
,h>vey disa/] area det]m9$ by !         
,presid5t to w>rant individual or       
individual & public assi/ance f ! ,f$]al
 ,gov]nm5t "u ! ,rob]t ,t4 ,/af=d       
,disa/] ,relief & ,em]g5cy ,assi/ance   
,act by reason ( ,hurricane ,h>vey4     
7#b7 ,hurricane ,h>vey disa/] area ,!   
t]m ,hurricane ,h>vey disa/] area means 
an area ) respect to :i* a major disa/] 
has be5 decl>$ by ! ,presid5t be=e      
,septemb] #ba1 #bjag1 "u section #dja ( 

su* ,act by reason ( ,hurricane ,h>vey4 
7b7 ,hurricane ,irma disa/] zone &      
disa/] area ,= purposes ( ?is ,act--    
7#a7 ,hurricane ,irma disa/] zone ,! t]m
 ,hurricane ,irma disa/] zone means t   
portion ( ! ,hurricane ,irma disa/] area
 det]m9$ by ! ,presid5t to w>rant       
individual or individual & public       
assi/ance f ! ,f$]al ,gov]nm5t "u su*   
,act by reason ( ,hurricane ,irma4  7#b7
 ,hurricane ,irma disa/] area ,! t]m    
,hurricane ,irma disa/] area means an   
area ) respect to :i* a major disa/] has
 be5 decl>$ by ! ,presid5t be=e         
,septemb] #ba1 #bjag1 "u section #dja ( 
su* ,act by reason ( ,hurricane ,irma4  
7c7 ,hurricane ,m>ia disa/] zone &      
disa/] area ,= purposes ( ?is ,act--    
7#a7 ,hurricane ,m>ia disa/] zone ,! t]m
 ,hurricane ,m>ia disa/] zone means t   
portion ( ! ,hurricane ,m>ia disa/] area
 det]m9$ by ! ,presid5t to w>rant       
individual or individual & public       
assi/ance f ! ,f$]al ,gov]nm5t "u su*   
,act by reason ( ,hurricane ,m>ia4  7#b7

 ,hurricane ,m>ia disa/] area ,! t]m    
,hurricane ,m>ia disa/] area means an   
area ) respect to :i* a major disa/] has
 be5 decl>$ by ! ,presid5t be=e         
,septemb] #ba1 #bjag1 "u section #dja ( 
su* ,act by reason ( ,hurricane ,m>ia4  
#b4 ,special disa/]-relat$ rules = use (
 retirem5t funds  7a7 ,tax-,favor$      
)drawals f retirem5t plans  7#a7 ,9     
g5]al ,section #gb7t7 ( ! ,int]nal      
,rev5ue ,code ( #aihf %all n apply to   
any qualifi$ hurricane di/ribution4     
7#b7 ,aggregate doll> limitation  7,a7  
,9 g5]al ,= purposes ( ?is subsection1 !
 aggregate am\nt ( di/ributions receiv$ 
by an individual :i* may be treat$ z    
qualifi$ hurricane di/ributions = any   
taxable ye> %all n exce$ ! excess 7if   
any7 (--  7i7 #ajj1jjj1 ov]  7ii7 !     
aggregate am\nts treat$ z qualifi$      
hurricane di/ributions receiv$ by su*   
individual = all prior taxable ye>s4    
7,b7 ,treatm5t ( plan di/ributions ,if a
 di/ribution to an individual w\ld 7)\t 
reg>d to subp>agraph 7,a77 be a qualifi$

 hurricane di/ribution1 a plan %all n be
 treat$ z violat+ any requirem5t ( !    
,int]nal ,rev5ue ,code ( #aihf m]ely    
because ! plan treats su* di/ribution z 
a qualifi$ hurricane di/ribution1 unless
 ! aggregate am\nt ( su* di/ributions f 
all plans ma9ta9$ by ! employ] 7& any   
memb] ( any controll$ gr\p :i* includes 
! employ]7 to su* individual exce$s     
#ajj1jjj4  7,c7 ,controll$ gr\p ,=      
purposes ( subp>agraph 7,b71 ! t]m      
controll$ gr\p means any gr\p treat$ z a
 s+le employ] "u subsection 7b71 7c71   
7m71 or 7o7 ( section #dad ( ! ,int]nal 
,rev5ue ,code ( #aihf4  7#c7 ,am\nt     
di/ribut$ may be repaid  7,a7 ,9 g5]al  
,any individual :o receives a qualifi$  
hurricane di/ribution may1 at any "t    
dur+ ! #c-ye> p]iod beg9n+ on ! day aft]
 ! date on :i* su* di/ribution 0        
receiv$1 make "o or m contributions 9 an
 aggregate am\nt n to exce$ ! am\nt (   
su* di/ribution to an eligible retirem5t
 plan ( :i* su* individual is a         
b5efici>y & to :i* a rollov]            

contribution ( su* di/ribution c\ld be  
made "u section #djb7;c71 #djc7;a77#d71 
#djc7;b77#h71 #djh7;d77#c71 or          
#deg7;e77#af71 ( ! ,int]nal ,rev5ue     
,code ( #aihf1 z ! case may be4  7,b7   
,treatm5t ( repaym5ts ( di/ributions f  
eligible retirem5t plans o!r ?an ,i,r,as
 ,= purposes ( ! ,int]nal ,rev5ue ,code 
( #aihf1 if a contribution is made      
pursuant to subp>agraph 7,a7 ) respect  
to a qualifi$ hurricane di/ribution f an
 eligible retirem5t plan o!r ?an an     
individual retirem5t plan1 !n ! taxpay] 
%all1 to ! ext5t ( ! am\nt ( !          
contribution1 be treat$ z hav+ receiv$ !
 qualifi$ hurricane di/ribution 9 an    
eligible rollov] di/ribution 7z def9$ 9 
section #djb7;c77#d7 ( su* ,code7 & z   
hav+ transf]r$ ! am\nt to ! eligible    
retirem5t plan 9 a direct tru/ee to     
tru/ee transf] )9 #fj days ( !          
di/ribution4  7,c7 ,treatm5t ( repaym5ts
 = di/ributions f ,i,r,as ,= purposes ( 
! ,int]nal ,rev5ue ,code ( #aihf1 if a  
contribution is made pursuant to        

subp>agraph 7,a7 ) respect to a qualifi$
 hurricane di/ribution f an individual  
retirem5t plan 7z def9$ by section      
#ggja7;a77#cg7 ( su* ,code71 !n1 to !   
ext5t ( ! am\nt ( ! contribution1 !     
qualifi$ hurricane di/ribution %all be  
treat$ z a di/ribution describ$ 9       
section #djh7;d77#c7 ( su* ,code & z    
hav+ be5 transf]r$ to ! eligible        
retirem5t plan 9 a direct tru/ee to     
tru/ee transf] )9 #fj days ( !          
di/ribution4  7#d7 ,def9itions ,=       
purposes ( ?is subsection-- 7,a7        
,qualifi$ hurricane di/ribution ,except 
z provid$ 9 p>agraph 7#b71 ! t]m        
qualifi$ hurricane di/ribution means--  
7i7 any di/ribution f an eligible       
retirem5t plan made on or aft] ,augu/   
#bc1 #bjag1 & be=e ,janu>y #a1 #bjai1 to
 an individual ^: pr9cipal place ( abode
 on ,augu/ #bc1 #bjag1 is locat$ 9 !    
,hurricane ,h>vey disa/] area & :o has  
su/a9$ an economic loss by reason (     
,hurricane ,h>vey1  7ii7 any di/ribution
 7:i* is n describ$ 9 clause 7i77 f an  

eligible retirem5t plan made on or aft] 
,septemb] #d1 #bjag1 & be=e ,janu>y #a1 
#bjai1 to an individual ^: pr9cipal     
place ( abode on ,septemb] #d1 #bjag1 is
 locat$ 9 ! ,hurricane ,irma disa/] area
 & :o has su/a9$ an economic loss by    
reason ( ,hurricane ,irma1 &  7iii7 any 
di/ribution 7:i* is n describ$ 9 clause 
7i7 or 7ii77 f an eligible retirem5t    
plan made on or aft] ,septemb] #af1     
#bjag1 & be=e ,janu>y #a1 #bjai1 to an  
individual ^: pr9cipal place ( abode on 
,septemb] #af1 #bjag1 is locat$ 9 !     
,hurricane ,m>ia disa/] area & :o has   
su/a9$ an economic loss by reason (     
,hurricane ,m>ia4  7,b7 ,eligible       
retirem5t plan ,! t]m eligible retirem5t
 plan %all h ! mean+ giv5 su* t]m by    
section #djb7;c77#h77;,b7 ( ! ,int]nal  
,rev5ue ,code ( #aihf4  7#e7 ,income    
inclusion spread ov] #c-ye> p]iod  7,a7 
,9 g5]al ,9 ! case ( any qualifi$       
hurricane di/ribution1 unless ! taxpay] 
elects n to h ?is p>agraph apply = any  
taxable ye>1 any am\nt requir$ to be    

includ$ 9 gross income = su* taxable ye>
 %all be s includ$ ratably ov] !        
#c-taxable-ye> p]iod beg9n+ ) su*       
taxable ye>4  7,b7 ,special rule ,=     
purposes ( subp>agraph 7,a71 rules      
simil> to ! rules ( subp>agraph 7,e7 (  
section #djh;,a7d77#c7 ( ! ,int]nal     
,rev5ue ,code ( #aihf %all apply4  7#f7 
,special rules  7,a7 ,exemption (       
di/ributions f tru/ee to tru/ee transf] 
& )hold+ rules ,= purposes ( sections   
#dja7;a77#ca71 #djb7;f71 & #cdje ( !    
,int]nal ,rev5ue ,code ( #aihf1 qualifi$
 hurricane di/ributions %all n be treat$
 z eligible rollov] di/ributions4  7,b7 
,qualifi$ hurricane di/ributions treat$ 
z meet+ plan di/ribution requirem5ts ,= 
purposes ! ,int]nal ,rev5ue ,code (     
#aihf1 a qualifi$ hurricane di/ribution 
%all be treat$ z meet+ ! requirem5ts (  
sections #dja7k77#b77;,b77i71           
#djc7;b77#g77;,a77ii71 #djc7;b77#aa71 & 
#deg7;d77#a77;,a7 ( su* ,code4  7b7     
,recontributions ( )drawals = home      
pur*ases  7#a7 ,recontributions  7,a7 ,9

 g5]al ,any individual :o receiv$ a     
qualifi$ di/ribution may1 dur+ ! p]iod  
beg9n+ on ,augu/ #bc1 #bjag1 & end+ on  
,febru>y #bh1 #bjah1 make "o or m       
contributions 9 an aggregate am\nt n to 
exce$ ! am\nt ( su* qualifi$ di/ribution
 to an eligible retirem5t plan 7z def9$ 
9 section #djb7;c77#h77;,b7 ( ! ,int]nal
 ,rev5ue ,code ( #aihf7 ( :i* su*       
individual is a b5efici>y & to :i* a    
rollov] contribution ( su* di/ribution  
c\ld be made "u section #djb7;c71       
#djc7;a77#d71 #djc7;b77#h71 or          
#djh7;d77#c71 ( su* ,code1 z ! case may 
be4  7,b7 ,treatm5t ( repaym5ts ,rules  
simil> to ! rules ( subp>agraphs 7,b7 & 
7,c7 ( subsection 7a77#c7 %all apply =  
purposes ( ?is subsection4  7#b7        
,qualifi$ di/ribution ,= purposes ( ?is 
subsection1 ! t]m qualifi$ di/ribution  
means any di/ribution-- 7,a7 describ$ 9 
section #dja7k77#b77;,b77i77,,iv71      
#djc7;b77#g77;,a77ii7 7b only to ! ext5t
 su* di/ribution relates to f9ancial    
h>d%ip71 #djc7;b77#aa77;,b71 or         

#gb7t77#b77;,f71 ( ! ,int]nal ,rev5ue   
,code ( #aihf1  7,b7 receiv$ aft]       
,febru>y #bh1 #bjag1 & be=e ,septemb]   
#ba1 #bjag1 &  7,c7 :i* 0 to be us$ to  
pur*ase or con/ruct a pr9cipal resid5ce 
9 ! ,hurricane ,h>vey disa/] area1 !    
,hurricane ,irma disa/] area1 or !      
,hurricane ,m>ia disa/] area1 b :i* 0 n 
s pur*as$ or con/ruct$ on acc\nt (      
,hurricane ,h>vey1 ,hurricane ,irma1 or 
,hurricane ,m>ia4  7c7 ,loans f qualifi$
 plans  7#a7 ,increase 9 limit on loans 
n treat$ z di/ributions ,9 ! case ( any 
loan f a qualifi$ employ] plan 7z def9$ 
"u section #gb7p77#d7 ( ! ,int]nal      
,rev5ue ,code ( #aihf7 to a qualifi$    
individual made dur+ ! p]iod beg9n+ on !
 date ( ! enactm5t ( ?is ,act & end+ on 
,decemb] #ca1 #bjah--  7,a7 clause 7i7 (
 section #gb7p77#b77;,a7 ( su* ,code    
%all be appli$ by sub/itut+ #ajj1jjj =  
#ej1jjj1 &  7,b7 clause 7ii7 ( su*      
section %all be appli$ by sub/itut+ !   
pres5t value ( ! non=feitable accru$    
b5efit ( ! employee "u ! plan = "o-half 

( ! pres5t value ( ! non=feitable accru$
 b5efit ( ! employee "u ! plan4  7#b7   
,delay ( repaym5t ,9 ! case ( a qualifi$
 individual ) an out/&+ loan on or aft] 
! qualifi$ beg9n+ date f a qualifi$     
employ] plan 7z def9$ 9 section         
#gb7p77#d7 ( ! ,int]nal ,rev5ue ,code ( 
#aihf7--  7,a7 if ! due date pursuant to
 subp>agraph 7,b7 or 7,c7 ( section     
#gb7p77#b7 ( su* ,code = any repaym5t ) 
respect to su* loan occurs dur+ ! p]iod 
beg9n+ on ! qualifi$ beg9n+ date & end+ 
on ,decemb] #ca1 #bjah1 su* due date    
%all be delay$ = #a ye>1  7,b7 any      
subsequ5t repaym5ts ) respect to any su*
 loan %all be appropriately adju/$ to   
reflect ! delay 9 ! due date "u p>agraph
 7#a7 & any int]e/ accru+ dur+ su*      
delay1 &  7,c7 9 det]m9+ ! #e-ye> p]iod 
& ! t]m ( a loan "u subp>agraph 7,b7 or 
7,c7 ( section #gb7p77#b7 ( su* ,code1 !
 p]iod describ$ 9 subp>agraph 7,a7 %all 
be disreg>d$4  7#c7 ,qualifi$ individual
 ,= purposes ( ?is subsection-- 7,a7 ,9 
g5]al ,! t]m qualifi$ individual means  

any qualifi$ ,hurricane ,h>vey          
individual1 any qualifi$ ,hurricane     
,irma individual1 & any qualifi$        
,hurricane ,m>ia individual4  7,b7      
,qualifi$ ,hurricane ,h>vey individual  
,! t]m qualifi$ ,hurricane ,h>vey       
individual means an individual ^:       
pr9cipal place ( abode on ,augu/ #bc1   
#bjag1 is locat$ 9 ! ,hurricane ,h>vey  
disa/] area & :o has su/a9$ an economic 
loss by reason ( ,hurricane ,h>vey4     
7,c7 ,qualifi$ ,hurricane ,irma         
individual ,! t]m qualifi$ ,hurricane   
,irma individual means an individual    
7o!r ?an a qualifi$ ,hurricane ,h>vey   
individual7 ^: pr9cipal place ( abode on
 ,septemb] #d1 #bjag1 is locat$ 9 !     
,hurricane ,irma disa/] area & :o has   
su/a9$ an economic loss by reason (     
,hurricane ,irma4  7,d7 ,qualifi$       
,hurricane ,m>ia individual ,! t]m      
qualifi$ ,hurricane ,m>ia individual    
means an individual 7o!r ?an a qualifi$ 
,hurricane ,h>vey individual or a       
qualifi$ ,hurricane ,irma individual7 ^:

 pr9cipal place ( abode on ,septemb]    
#af1 #bjag1 is locat$ 9 ! ,hurricane    
,m>ia disa/] area & :o has su/a9$ an    
economic loss by reason ( ,hurricane    
,m>ia4  7#d7 ,qualifi$ beg9n+ date ,=   
purposes ( ?is subsection1 ! qualifi$   
beg9n+ date is-- 7,a7 9 ! case ( any    
qualifi$ ,hurricane ,h>vey individual1  
,augu/ #bc1 #bjag1  7,b7 9 ! case ( any 
qualifi$ ,hurricane ,irma individual1   
,septemb] #d1 #bjag1 &  7,c7 9 ! case ( 
any qualifi$ ,hurricane ,m>ia           
individual1 ,septemb] #af1 #bjag4  7d7  
,provisions relat+ to plan am5dm5ts     
7#a7 ,9 g5]al ,if ?is subsection applies
 to any am5dm5t to any plan or annuity  
contract1 su* plan or contract %all be  
treat$ z be+ op]at$ 9 accordance ) !    
t]ms ( ! plan dur+ ! p]iod describ$ 9   
p>agraph 7#b77;,b77i74  7#b7 ,am5dm5ts  
to :i* subsection applies  7,a7 ,9 g5]al
 ,?is subsection %all apply to any      
am5dm5t to any plan or annuity contract 
:i* is made-- 7i7 pursuant to any       
provision ( ?is section1 or pursuant to 

any regulation issu$ by ! ,secret>y or !
 ,secret>y ( ,labor "u any provision (  
?is section1 &  7ii7 on or be=e ! la/   
day ( ! fir/ plan ye> beg9n+ on or aft] 
,janu>y #a1 #bjai1 or su* lat] date z ! 
,secret>y may prescribe4  ,9 ! case ( a 
gov]nm5tal plan 7z def9$ 9 section      
#dad7;d7 ( ! ,int]nal ,rev5ue ,code (   
#aihf71 clause 7ii7 %all be appli$ by   
sub/itut+ ! date :i* is #b ye>s aft] !  
date o!rwise appli$ "u clause 7ii74     
7,b7 ,conditions ,?is subsection %all n 
apply to any am5dm5t unless-- 7i7 dur+ !
 p]iod--  7,i7 beg9n+ on ! date t ?is   
section or ! regulation describ$ 9      
subp>agraph 7,a77i7 takes effect 7or 9 !
 case ( a plan or contract am5dm5t n    
requir$ by ?is section or su*           
regulation1 ! effective date specifi$ by
 ! plan71 &  7,,ii7 end+ on ! date      
describ$ 9 subp>agraph 7,a77ii7 7or1 if 
e>li]1 ! date ! plan or contract am5dm5t
 is adopt$71  ! plan or contract is     
op]at$ z if su* plan or contract am5dm5t
 7 9 effect2 &  7ii7 su* plan or        

contract am5dm5t applies retroactively =
 su* p]iod4  #c4 ,disa/]-relat$         
employm5t relief  7a7 ,employee ret5tion
 cr$it = employ]s affect$ by ,hurricane 
,h>vey  7#a7 ,9 g5]al ,= purposes (     
section #ch ( ! ,int]nal ,rev5ue ,code (
 #aihf1 9 ! case ( an eligible employ]1 
! ,hurricane ,h>vey employee ret5tion   
cr$it %all be treat$ z a cr$it li/$ 9   
subsection 7b7 ( su* section4 ,=        
purposes ( ?is subsection1 ! ,hurricane 
,h>vey employee ret5tion cr$it = any    
taxable ye> is an am\nt equal to #dj    
p]c5t ( ! qualifi$ wages ) respect to   
ea* eligible employee ( su* employ] =   
su* taxable ye>4 ,= purposes ( ! prec$+ 
s5t5ce1 ! am\nt ( qualifi$ wages :i* may
 be tak5 into acc\nt ) respect to any   
individual %all n exce$ #f1jjj4  7#b7   
,def9itions ,= purposes ( ?is           
subsection-- 7,a7 ,eligible employ] ,!  
t]m eligible employ] means any employ]--
  7i7 :i* conduct$ an active trade or   
bus9ess on ,augu/ #bc1 #bjag1 9 !       
,hurricane ,h>vey disa/] zone1 &  7ii7 )

 respect to :om ! trade or bus9ess      
describ$ 9 clause 7i7 is inop]able on   
any day aft] ,augu/ #bc1 #bjag1 & be=e  
,janu>y #a1 #bjah1 z a result ( damage  
su/a9$ by reason ( ,hurricane ,h>vey4   
7,b7 ,eligible employee ,! t]m eligible 
employee means ) respect to an eligible 
employ] an employee ^: pr9cipal place ( 
employm5t on ,augu/ #bc1 #bjag1 ) su*   
eligible employ] 0 9 ! ,hurricane ,h>vey
 disa/] zone4  7,c7 ,qualifi$ wages ,!  
t]m qualifi$ wages means wages 7z def9$ 
9 section #ea7;c77#a7 ( ! ,int]nal      
,rev5ue ,code ( #aihf1 b )\t reg>d to   
section #ccjf7;b77#b77;,b7 ( su* ,code7 
paid or incurr$ by an eligible employ] )
 respect to an eligible employee on any 
day aft] ,augu/ #bc1 #bjag1 & be=e      
,janu>y #a1 #bjah1 :i* occurs dur+ !    
p]iod--  7i7 beg9n+ on ! date on :i* !  
trade or bus9ess describ$ 9 subp>agraph 
7,a7 fir/ became inop]able at ! pr9cipal
 place ( employm5t ( ! employee         
imm$iately be=e ,hurricane ,h>vey1 &    
7ii7 end+ on ! date on :i* su* trade or 

bus9ess has resum$ significant op]ations
 at su* pr9cipal place ( employm5t4     
,su* t]m %all include wages paid )\t    
reg>d to :e!r ! employee p]=ms no       
s]vices1 p]=ms s]vices at a diff]5t     
place ( employm5t ?an su* pr9cipal place
 ( employm5t1 or p]=ms s]vices at su*   
pr9cipal place ( employm5t be=e         
significant op]ations h resum$4  7#c7   
,c]ta9 rules to apply ,= purposes ( ?is 
subsection1 rules simil> to ! rules (   
sections #ea7;i77#a7 & #eb1 ( ! ,int]nal
 ,rev5ue ,code ( #aihf1 %all apply4     
7#d7 ,employee n tak5 into acc\nt m ?an 
once ,an employee %all n be treat$ z an 
eligible employee = purposes ( ?is      
subsection = any p]iod ) respect to any 
employ] if su* employ] is all[$ a cr$it 
"u section #ea ( ! ,int]nal ,rev5ue     
,code ( #aihf ) respect to su* employee 
= su* p]iod4  7b7 ,employee ,ret5tion   
,cr$it = ,employ]s ,affect$ by          
,hurricane ,irma  7#a7 ,9 g5]al ,=      
purposes ( section #ch ( ! ,int]nal     
,rev5ue ,code ( #aihf1 9 ! case ( an    

eligible employ]1 ! ,hurricane ,irma    
employee ret5tion cr$it %all be treat$ z
 a cr$it li/$ 9 subsection 7b7 ( su*    
section4 ,= purposes ( ?is subsection1 !
 ,hurricane ,irma employee ret5tion     
cr$it = any taxable ye> is an am\nt     
equal to #dj p]c5t ( ! qualifi$ wages ) 
respect to ea* eligible employee ( su*  
employ] = su* taxable ye>4 ,= purposes (
 ! prec$+ s5t5ce1 ! am\nt ( qualifi$    
wages :i* may be tak5 into acc\nt )     
respect to any individual %all n exce$  
#f1jjj4  7#b7 ,def9itions ,= purposes ( 
?is subsection-- 7,a7 ,eligible employ] 
,! t]m eligible employ] means any       
employ]--  7i7 :i* conduct$ an active   
trade or bus9ess on ,septemb] #d1 #bjag1
 9 ! ,hurricane ,irma disa/] zone1 &    
7ii7 ) respect to :om ! trade or bus9ess
 describ$ 9 clause 7i7 is inop]able on  
any day aft] ,septemb] #d1 #bjag1 & be=e
 ,janu>y #a1 #bjah1 z a result ( damage 
su/a9$ by reason ( ,hurricane ,irma4    
7,b7 ,eligible employee ,! t]m eligible 
employee means ) respect to an eligible 

employ] an employee ^: pr9cipal place ( 
employm5t on ,septemb] #d1 #bjag1 ) su* 
eligible employ] 0 9 ! ,hurricane ,irma 
disa/] zone4  7,c7 ,qualifi$ wages ,!   
t]m qualifi$ wages means wages 7z def9$ 
9 section #ea7;c77#a7 ( ! ,int]nal      
,rev5ue ,code ( #aihf1 b )\t reg>d to   
section #ccjf7;b77#b77;,b7 ( su* ,code7 
paid or incurr$ by an eligible employ] )
 respect to an eligible employee on any 
day aft] ,septemb] #d1 #bjag1 & be=e    
,janu>y #a1 #bjah1 :i* occurs dur+ !    
p]iod--  7i7 beg9n+ on ! date on :i* !  
trade or bus9ess describ$ 9 subp>agraph 
7,a7 fir/ became inop]able at ! pr9cipal
 place ( employm5t ( ! employee         
imm$iately be=e ,hurricane ,irma1 &     
7ii7 end+ on ! date on :i* su* trade or 
bus9ess has resum$ significant op]ations
 at su* pr9cipal place ( employm5t4     
,su* t]m %all include wages paid )\t    
reg>d to :e!r ! employee p]=ms no       
s]vices1 p]=ms s]vices at a diff]5t     
place ( employm5t ?an su* pr9cipal place
 ( employm5t1 or p]=ms s]vices at su*   

pr9cipal place ( employm5t be=e         
significant op]ations h resum$4  7#c7   
,c]ta9 rules to apply ,= purposes ( ?is 
subsection1 rules simil> to ! rules (   
sections #ea7;i77#a7 & #eb1 ( ! ,int]nal
 ,rev5ue ,code ( #aihf1 %all apply4     
7#d7 ,employee n tak5 into acc\nt m ?an 
once ,an employee %all n be treat$ z an 
eligible employee = purposes ( ?is      
subsection = any p]iod ) respect to any 
employ] if su* employ] is all[$ a cr$it 
"u subsection 7a71 or section #ea ( !   
,int]nal ,rev5ue ,code ( #aihf1 )       
respect to su* employee = su* p]iod4    
7c7 ,employee ret5tion cr$it = employ]s 
affect$ by ,hurricane ,m>ia  7#a7 ,9    
g5]al ,= purposes ( section #ch ( !     
,int]nal ,rev5ue ,code ( #aihf1 9 ! case
 ( an eligible employ]1 ! ,hurricane    
,m>ia employee ret5tion cr$it %all be   
treat$ z a cr$it li/$ 9 subsection 7b7 (
 su* section4 ,= purposes ( ?is         
subsection1 ! ,hurricane ,m>ia employee 
ret5tion cr$it = any taxable ye> is an  
am\nt equal to #dj p]c5t ( ! qualifi$   

wages ) respect to ea* eligible employee
 ( su* employ] = su* taxable ye>4 ,=    
purposes ( ! prec$+ s5t5ce1 ! am\nt (   
qualifi$ wages :i* may be tak5 into     
acc\nt ) respect to any individual %all 
n exce$ #f1jjj4  7#b7 ,def9itions ,=    
purposes ( ?is subsection-- 7,a7        
,eligible employ] ,! t]m eligible       
employ] means any employ]--  7i7 :i*    
conduct$ an active trade or bus9ess on  
,septemb] #af1 #bjag1 9 ! ,hurricane    
,m>ia disa/] zone1 &  7ii7 ) respect to 
:om ! trade or bus9ess describ$ 9 clause
 7i7 is inop]able on any day aft]       
,septemb] #af1 #bjag1 & be=e ,janu>y #a1
 #bjah1 z a result ( damage su/a9$ by   
reason ( ,hurricane ,m>ia4  7,b7        
,eligible employee ,! t]m eligible      
employee means ) respect to an eligible 
employ] an employee ^: pr9cipal place ( 
employm5t on ,septemb] #af1 #bjag1 ) su*
 eligible employ] 0 9 ! ,hurricane ,m>ia
 disa/] zone4  7,c7 ,qualifi$ wages ,!  
t]m qualifi$ wages means wages 7z def9$ 
9 section #ea7;c77#a7 ( ! ,int]nal      

,rev5ue ,code ( #aihf1 b )\t reg>d to   
section #ccjf7;b77#b77;,b7 ( su* ,code7 
paid or incurr$ by an eligible employ] )
 respect to an eligible employee on any 
day aft] ,septemb] #af1 #bjag1 & be=e   
,janu>y #a1 #bjah1 :i* occurs dur+ !    
p]iod--  7i7 beg9n+ on ! date on :i* !  
trade or bus9ess describ$ 9 subp>agraph 
7,a7 fir/ became inop]able at ! pr9cipal
 place ( employm5t ( ! employee         
imm$iately be=e ,hurricane ,m>ia1 &     
7ii7 end+ on ! date on :i* su* trade or 
bus9ess has resum$ significant op]ations
 at su* pr9cipal place ( employm5t4     
,su* t]m %all include wages paid )\t    
reg>d to :e!r ! employee p]=ms no       
s]vices1 p]=ms s]vices at a diff]5t     
place ( employm5t ?an su* pr9cipal place
 ( employm5t1 or p]=ms s]vices at su*   
pr9cipal place ( employm5t be=e         
significant op]ations h resum$4  7#c7   
,c]ta9 rules to apply ,= purposes ( ?is 
subsection1 rules simil> to ! rules (   
sections #ea7;i77#a7 & #eb1 ( ! ,int]nal
 ,rev5ue ,code ( #aihf1 %all apply4     

7#d7 ,employee n tak5 into acc\nt m ?an 
once ,an employee %all n be treat$ z an 
eligible employee = purposes ( ?is      
subsection = any p]iod ) respect to any 
employ] if su* employ] is all[$ a cr$it 
"u subsection 7a7 or 7b71 or section #ea
 ( ! ,int]nal ,rev5ue ,code ( #aihf1 )  
respect to su* employee = su* p]iod4    
#d4 ,additional disa/]-relat$ tax relief
 provisions  7a7 ,tempor>y susp5sion (  
limitations on *>itable contributions   
7#a7 ,9 g5]al ,except z o!rwise provid$ 
9 p>agraph 7#b71 subsection 7b7 (       
section #agj ( ! ,int]nal ,rev5ue ,code 
( #aihf %all n apply to qualifi$        
contributions & su* contributions %all n
 be tak5 into acc\nt = purposes ( apply+
 subsections 7b7 & 7d7 ( su* section to 
o!r contributions4  7#b7 ,treatm5t (    
excess contributions ,= purposes (      
section #agj ( ! ,int]nal ,rev5ue ,code 
( #aihf-- 7,a7 ,individuals ,9 ! case ( 
an individual--  7i7 ,limitation ,any   
qualifi$ contribution %all be all[$ only
 to ! ext5t t ! aggregate ( su*         

contributions does n exce$ ! excess ( ! 
taxpay]'s contribution base 7z def9$ 9  
subp>agraph 7,g7 ( section #agj7;b77#a7 
( su* ,code7 ov] ! am\nt ( all o!r      
*>itable contributions all[$ "u section 
#agj7;b77#a7 ( su* ,code4  7ii7 ,c>ryov]
 ,if ! aggregate am\nt ( qualifi$       
contributions made 9 ! contribution ye> 
7)9 ! mean+ ( section #agj7;d77#a7 ( su*
 ,code7 exce$s ! limitation ( clause    
7i71 su* excess %all be add$ to ! excess
 describ$ 9 ! portion ( subp>agraph 7,a7
 ( su* section :i* prec$es clause 7i7   
!re( = purposes ( apply+ su* section4   
7,b7 ,corporations ,9 ! case ( a        
corporation-- 7i7 ,limitation ,any      
qualifi$ contribution %all be all[$ only
 to ! ext5t t ! aggregate ( su*         
contributions does n exce$ ! excess ( ! 
taxpay]'s taxable income 7z det]m9$ "u  
p>agraph 7#b7 ( section #agj7;b7 ( su*  
,code7 ov] ! am\nt ( all o!r *>itable   
contributions all[$ "u su* p>agraph4    
7ii7 ,c>ryov] ,rules simil> to ! rules (
 subp>agraph 7,a77ii7 %all apply =      

purposes ( ?is subp>agraph4  7#c7       
,exception to ov]all limitation on      
itemiz$ d$uctions ,s mu* ( any d$uction 
all[$ "u section #agj ( ! ,int]nal      
,rev5ue ,code ( #aihf z does n exce$ !  
qualifi$ contributions paid dur+ !      
taxable ye> %all n be treat$ z an       
itemiz$ d$uction = purposes ( section   
#fh ( su* ,code4  7#d7 ,qualifi$        
contributions  7,a7 ,9 g5]al ,= purposes
 ( ?is subsection1 ! t]m qualifi$       
contribution means any *>itable         
contribution 7z def9$ 9 section #agj7;c7
 ( ! ,int]nal ,rev5ue ,code ( #aihf7    
if--  7i7 su* contribution-- 7,i7 is    
paid dur+ ! p]iod beg9n+ on ,augu/ #bc1 
#bjag1 & end+ on ,decemb] #ca1 #bjag1 9 
ca% to an organization describ$ 9       
section #agj7;b77#a77;,a7 ( su* ,code1 &
  7,,ii7 is made = relief ef=ts 9 !     
,hurricane ,h>vey disa/] area1 !        
,hurricane ,irma disa/] area1 or !      
,hurricane ,m>ia disa/] area1  7ii7 !   
taxpay] obta9s f su* organization       
contemporane\s writt5 ackn[l$gm5t 7)9 ! 

mean+ ( section #agj7;f77#h7 ( su*      
,code7 t su* contribution 0 us$ 7or is  
to be us$7 = relief ef=ts describ$ 9    
clause 7i77,,ii71 &  7iii7 ! taxpay] has
 elect$ ! application ( ?is subsection )
 respect to su* contribution4  7,b7     
,exception ,su* t]m %all n include a    
contribution by a donor if !            
contribution is--  7i7 to an            
organization describ$ 9 section         
#eji7;a77#c7 ( ! ,int]nal ,rev5ue ,code 
( #aihf1 or  7ii7 = ! e/abli%m5t ( a    
new1 or ma9t5ance ( an exi/+1 donor     
advis$ fund 7z def9$ 9 section          
#diff7;d77#b7 ( su* ,code74  7,c7       
,application ( election to p>tn]%ips &  
,s corporations ,9 ! case ( a p>tn]%ip  
or ,s corporation1 ! election "u        
subp>agraph 7,a77iii7 %all be made      
sep>ately by ea* p>tn] or %>ehold]4  7b7
 ,special rules = qualifi$              
disa/]-,relat$ p]sonal casualty losses  
7#a7 ,9 g5]al ,if an individual has a   
net disa/] loss = any taxable ye>-- 7,a7
 ! am\nt det]m9$ "u section             

#afe7;h77#b77;,a77ii7 ( ! ,int]nal      
,rev5ue ,code ( #aihf %all be equal to !
 sum (--  7i7 su* net disa/] loss1 &    
7ii7 s mu* ( ! excess ref]r$ to 9 !     
matt] prec$+ clause 7i7 ( section       
#afe7;h77#b77;,a7 ( su* ,code 7r$uc$ by 
! am\nt 9 clause 7i7 ( ?is subp>agraph7 
z exce$s #aj p]c5t ( ! adju/$ gross     
income ( ! individual1  7,b7 section    
#afe7;h77#a7 ( su* ,code %all be appli$ 
by sub/itut+ #ejj = #ejj 7#ajj = taxable
 ye>s beg9n+ aft] ,decemb] #ca1 #bjji71 
7,c7 ! /&>d d$uction det]m9$ "u section 
#fc7;c7 ( su* ,code %all be increas$ by 
! net disa/] loss1 &  7,d7 section      
#ef7;b77#a77;,e7 ( su* ,code %all n     
apply to s mu* ( ! /&>d d$uction z is   
attributable to ! increase "u           
subp>agraph 7,c7 ( ?is p>agraph4  7#b7  
,net disa/] loss ,= purposes ( ?is      
subsection1 ! t]m net disa/] loss means 
! excess ( qualifi$ disa/]-relat$       
p]sonal casualty losses ov] p]sonal     
casualty ga9s 7z def9$ 9 section        
#afe7;h77#c77;,a7 ( ! ,int]nal ,rev5ue  

,code ( #aihf74  7#c7 ,qualifi$         
disa/]-relat$ p]sonal casualty losses ,=
 purposes ( ?is subsection1 ! t]m       
qualifi$ disa/]-relat$ p]sonal casualty 
losses means losses describ$ 9 section  
#afe7;c77#c7 ( ! ,int]nal ,rev5ue ,code 
( #aihf-- 7,a7 :i* arise 9 ! ,hurricane 
,h>vey disa/] area on or aft] ,augu/    
#bc1 #bjag1 & :i* are attributable to   
,hurricane ,h>vey1  7,b7 :i* arise 9 !  
,hurricane ,irma disa/] area on or aft] 
,septemb] #d1 #bjag1 & :i* are          
attributable to ,hurricane ,irma1 or    
7,c7 :i* arise 9 ! ,hurricane ,m>ia     
disa/] area on or aft] ,septemb] #af1   
#bjag1 & :i* are attributable to        
,hurricane ,m>ia4  7c7 ,special rule =  
det]m9+ e>n$ income  7#a7 ,9 g5]al ,9 ! 
case ( a qualifi$ individual1 if ! e>n$ 
income ( ! taxpay] = ! taxable ye> :i*  
includes ! applicable date is less ?an !
 e>n$ income ( ! taxpay] = ! prec$+     
taxable ye>1 ! cr$its all[$ "u sections 
#bd7;d7 & #cb ( ! ,int]nal ,rev5ue ,code
 ( #aihf may1 at ! election ( ! taxpay]1

 be det]m9$ by sub/itut+--  7,a7 su*    
e>n$ income = ! prec$+ taxable ye>1 =   
7,b7 su* e>n$ income = ! taxable ye> :i*
 includes ! applicable date4  ,9 ! case 
( a resid5t ( ,pu]to ,rico det]m9+ !    
cr$it all[$ "u section                  
#bd7;d77#a77;,b77ii7 ( su* ,code1 !     
prec$+ s5t5ce %all be appli$ by         
sub/itut+ social security taxes 7z def9$
 9 section #bd7;d77#b77;,a7 ( ! ,int]nal
 ,rev5ue ,code ( #aihf7 = e>n$ income   
ea* place x appe>s4  7#b7 ,qualifi$     
individual ,= purposes ( ?is            
subsection-- 7,a7 ,9 g5]al ,! t]m       
qualifi$ individual means any qualifi$  
,hurricane ,h>vey individual1 any       
qualifi$ ,hurricane ,irma individual1 & 
any qualifi$ ,hurricane ,m>ia           
individual4  7,b7 ,qualifi$ ,hurricane  
,h>vey individual ,! t]m qualifi$       
,hurricane ,h>vey individual means any  
individual ^: pr9cipal place ( abode on 
,augu/ #bc1 #bjag1 0 locat$-- 7i7 9 !   
,hurricane ,h>vey disa/] zone1 or  7ii7 
9 ! ,hurricane ,h>vey disa/] area 7b    

outside ! ,hurricane ,h>vey disa/] zone7
 & su* individual 0 displac$ f su*      
pr9cipal place ( abode by reason (      
,hurricane ,h>vey4  7,c7 ,qualifi$      
,hurricane ,irma individual ,! t]m      
qualifi$ ,hurricane ,irma individual    
means any individual 7o!r ?an a qualifi$
 ,hurricane ,h>vey individual7 ^:       
pr9cipal place ( abode on ,septemb] #d1 
#bjag1 0 locat$--  7i7 9 ! ,hurricane   
,irma disa/] zone1 or  7ii7 9 !         
,hurricane ,irma disa/] area 7b outside 
! ,hurricane ,irma disa/] zone7 & su*   
individual 0 displac$ f su* pr9cipal    
place ( abode by reason ( ,hurricane    
,irma4  7,d7 ,qualifi$ ,hurricane ,m>ia 
individual ,! t]m qualifi$ ,hurricane   
,m>ia individual means any individual   
7o!r ?an a qualifi$ ,hurricane ,h>vey   
individual or a qualifi$ ,hurricane     
,irma individual7 ^: pr9cipal place (   
abode on ,septemb] #af1 #bjag1 0        
locat$--  7i7 9 ! ,hurricane ,m>ia      
disa/] zone1 or  7ii7 9 ! ,hurricane    
,m>ia disa/] area 7b outside !          

,hurricane ,m>ia disa/] zone7 & su*     
individual 0 displac$ f su* pr9cipal    
place ( abode by reason ( ,hurricane    
,m>ia4  7#c7 ,applicable date ,=        
purposes ( ?is subsection1 ! t]m        
applicable date means-- 7,a7 9 ! case ( 
a qualifi$ ,hurricane ,h>vey individual1
 ,augu/ #bc1 #bjag1  7,b7 9 ! case ( a  
qualifi$ ,hurricane ,irma individual1   
,septemb] #d1 #bjag1 &  7,c7 9 ! case ( 
a qualifi$ ,hurricane ,m>ia individual1 
,septemb] #af1 #bjag4  7#d7 ,e>n$ income
 ,= purposes ( ?is subsection1 ! t]m    
e>n$ income has ! mean+ giv5 su* t]m "u 
section #cb7;c7 ( ! ,int]nal ,rev5ue    
,code ( #aihf4  7#e7 ,special rules     
7,a7 ,application to jo9t returns ,=    
purposes ( p>agraph 7#a71 9 ! case ( a  
jo9t return = a taxable ye> :i* includes
 ! applicable date--  7i7 su* p>agraph  
%all apply if ei!r sp\se is a qualifi$  
individual1 &  7ii7 ! e>n$ income ( !   
taxpay] = ! prec$+ taxable ye> %all be !
 sum ( ! e>n$ income ( ea* sp\se = su*  
prec$+ taxable ye>4  7,b7 ,uni=m        

application ( election ,any election    
made "u p>agraph 7#a7 %all apply )      
respect to bo? sections #bd7;d7 &       
section #cb1 ( ! ,int]nal ,rev5ue ,code 
( #aihf4  7,c7 ,errors treat$ z         
ma!matical error ,= purposes ( section  
#fbac ( ! ,int]nal ,rev5ue ,code (      
#aihf1 an incorrect use on a return (   
e>n$ income pursuant to p>agraph 7#a7   
%all be treat$ z a ma!matical or cl]ical
 error4  7,d7 ,no effect on det]m9ation 
( gross income1 etc ,except z o!rwise   
provid$ 9 ?is subsection1 ! ,int]nal    
,rev5ue ,code ( #aihf %all be appli$ )\t
 reg>d to any sub/itution "u p>agraph   
7#a74  7d7 ,application ( disa/]-,relat$
 tax relief to possessions ( ! ,unit$   
,/ates  7#a7 ,paym5ts to ,unit$ ,/ates  
,virg9 ,isl&s & ,pu]to ,rico  7,a7      
,unit$ ,/ates ,virg9 ,isl&s ,! ,secret>y
 ( ! ,treasury %all pay to ! ,unit$     
,/ates ,virg9 ,isl&s am\nts equal to !  
loss 9 rev5ues to ! ,unit$ ,/ates ,virg9
 ,isl&s by reason ( ! provisions ( ?is  
,act4 ,su* am\nts %all be det]m9$ by !  

,secret>y ( ! ,treasury bas$ on         
in=mation provid$ by ! gov]nm5t ( !     
,unit$ ,/ates ,virg9 ,isl&s4  7,b7      
,pu]to ,rico ,! ,secret>y ( ! ,treasury 
%all pay to ,pu]to ,rico am\nts e/imat$ 
by ! ,secret>y ( ! ,treasury z be+ equal
 to ! aggregate b5efits t w\ld h be5    
provid$ to resid5ts ( ,pu]to ,rico by   
reason ( ! provisions ( ?is ,act if a   
mirror code tax sy/em _h be5 9 effect 9 
,pu]to ,rico4 ,! prec$+ s5t5ce %all n   
apply ) respect to ,pu]to ,rico unless  
,pu]to ,rico has a plan1 :i* has be5    
approv$ by ! ,secret>y ( ! ,treasury1 "u
 :i* ,pu]to ,rico w promptly di/ribute  
su* paym5ts to its resid5ts4  7#b7      
,def9ition & special rules  7,a7 ,mirror
 code tax sy/em ,= purposes ( ?is       
subsection1 ! t]m mirror code tax sy/em 
means1 ) respect to any possession ( !  
,unit$ ,/ates1 ! income tax sy/em ( su* 
possession if ! income tax liability ( !
 resid5ts ( su* possession "u su* sy/em 
is det]m9$ by ref]5ce to ! income tax   
laws ( ! ,unit$ ,/ates z if su*         

possession 7 ! ,unit$ ,/ates4  7,b7     
,treatm5t ( paym5ts ,= purposes (       
section #acbd ( title #ca1 ,unit$ ,/ates
 ,code1 ! paym5ts "u ?is subsection %all
 be treat$ 9 ! same mann] z a refund due
 f a cr$it provision ref]r$ to 9        
subsection 7b77#b7 ( su* section4  7,c7 
,coord9ation ) unit$ /ates income taxes 
,9 ! case ( any p]son ) respect to :om a
 tax b5efit is tak5 into acc\nt )       
respect to ! taxes impos$ by any        
possession ( ! ,unit$ ,/ates by reason (
 ?is ,act1 ! ,int]nal ,rev5ue ,code (   
#aihf %all be appli$ ) respect to su*   
p]son )\t reg>d to ! provisions ( ?is   
,act :i* provide su* b5efit4  #e4       
,budget>y effects  7a7 ,em]g5cy         
designation ,?is ,act is designat$ z an 
em]g5cy requirem5t pursuant to section  
#d7;g7 ( ! ,/atutory ,pay-,z-,y-,g ,act 
( #bjaj 7#b ,u4,s4,c4 #icc7;g774  7b7   
,designation 9 ,s5ate ,9 ! ,s5ate1 ?is  
,act is designat$ z an em]g5cy          
requirem5t pursuant to section #djc7;a7 
( ,s4 ,con4 ,res4 #ac 7#aaa? ,congress71

 ! concurr5t resolution on ! budget =   
fiscal ye> #bjaj4