,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #ehfc  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,octob] #b1 #bjbc,mr4 
,/eube introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to provide tax relief )   
respect to c]ta9 ,f$]al disa/]s4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,f$]al ,disa/] ,tax ,relief ,act (      
#bjbc4  #b4 ,ext5sion ( rules = treatm5t
 ( c]ta9 disa/]-relat$ p]sonal casualty 
losses ,= purposes ( apply+ section     
#cjd7;b7 ( ! ,taxpay] ,c]ta9ty & ,disa/]
 ,tax ,relief ,act ( #bjbj1 section #cja
 ( su* ,act %all be appli$ by sub/itut+ 
! ,f$]al ,disa/] ,tax ,relief ,act (    
#bjbc = ?is ,act ea* place x appe>s4    
#c4 ,exclusion f gross income =         
comp5sation = losses or damages result+ 
f c]ta9 wildfires  7a7 ,9 g5]al ,=      
purposes ( ! ,int]nal ,rev5ue ,code (   
#aihf1 gross income %all n include any  
am\nt receiv$ by an individual z a      
qualifi$ wildfire relief paym5t4  7b7   
,qualifi$ wildfire relief paym5t ,=     

purposes ( ?is section--  7#a7 ,9 g5]al 
,! t]m qualifi$ wildfire relief paym5t  
means any am\nt receiv$ by or on behalf 
( an individual z comp5sation = exp5ses 
or losses incurr$ z a result ( a        
qualifi$ wildfire disa/]1 b only to !   
ext5t any exp5se or loss comp5sat$ by   
su* paym5t is n comp5sat$ = by insurance
 or o!rwise4  7#b7 ,qualifi$ wildfire   
disa/] ,! t]m qualifi$ wildfire disa/]  
means any f$]ally decl>$ disa/] 7z def9$
 9 section #afe7;i77#e77;,a7 ( !        
,int]nal ,rev5ue ,code ( #aihf7 decl>$1 
aft] ,decemb] #ca1 #bjad1 z a result any
 =e/ or range fire4  7c7 ,d5ial ( d\ble 
b5efit ,not)/&+ any o!r provision ( !   
,int]nal ,rev5ue ,code ( #aihf-- 7#a7 no
 d$uction or cr$it %all be all[$ 7to !  
p]son = ^: b5efit a qualifi$ wildfire   
relief paym5t is made7 =1 or by reason  
(1 any exp5diture to ! ext5t ( ! am\nt  
exclud$ "u ?is section ) respect to su* 
exp5diture1 &  7#b7 no increase 9 !     
basis or adju/$ basis ( any prop]ty %all
 result f any am\nt exclud$ "u ?is      

subsection ) respect to su* prop]ty4    
7d7 ,limitation on application ,?is     
section %all only apply to qualifi$     
wildfire relief paym5ts receiv$ by !    
individual dur+ taxable ye>s beg9n+ aft]
 ,decemb] #ca1 #bjai1 & be=e ,janu>y #a1
 #bjbf4  #d4 ,ea/ ,pale/9e disa/] relief
 paym5ts  7a7 ,disa/] relief paym5ts to 
victims ( ,ea/ ,pale/9e tra9 d]ailm5t   
,ea/ ,pale/9e tra9 d]ailm5t paym5ts %all
 be treat$ z qualifi$ disa/] relief     
paym5ts = purposes ( section #aci7;b7 ( 
! ,int]nal ,rev5ue ,code ( #aihf4  7b7  
,ea/ ,pale/9e trail d]ailm5t paym5ts ,= 
purposes ( ?is section1 ! t]m ,ea/      
,pale/9e tra9 d]ailm5t paym5t means any 
am\nt receiv$ by or on behalf ( an      
individual z comp5sation = loss1        
damages1 exp5ses1 loss 9 real prop]ty   
value1 clos+ co/s ) respect to real     
prop]ty 7includ+ realtor commissions71  
or inconv5i5ce 7includ+ access to real  
prop]ty7 result+ f ! ,ea/ ,pale/9e tra9 
d]ailm5t if su* am\nt 0 provid$ by--    
7#a7 a ,f$]al1 ,/ate1 or local gov]nm5t 

ag5cy1  7#b7 ,norfolk ,s\!rn ,railway1  
or  7#c7 any subsidi>y1 insur]1 or ag5t 
( ,norfolk ,s\!rn ,railway or any relat$
 p]son4  7c7 ,tra9 d]ailm5t ,= purposes 
( ?is section1 ! t]m ,ea/ ,pale/9e tra9 
d]ailm5t means ! d]ailm5t ( a tra9 9    
,ea/ ,pale/9e1 ,ohio1 on ,febru>y #c1   
#bjbc4  7d7 ,effective date ,?is        
subsection %all apply to am\nts receiv$ 
on or aft] ,febru>y #c1 #bjbc4