,,ii  #aah? ,,congress  #b;d ,session   
,s4 #cgaa  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,janu>y #ca1 #bjbd,mr4 
,padilla 7= himself1 ,mr4 ,cassidy1 ,mr4
 ,te/]1 & ,ms4 ,lummis7 introduc$ !     
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,f9ance  ,a ,,bill   
,to provide tax relief ) respect to     
c]ta9 wildfire relief paym5ts4  #a4     
,%ort title ,?is ,act may be cit$ z !   
,protect ,innoc5t ,victims ,( ,taxation 
,aft] ,fire ,act4  #b4 ,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 = 
losses1 exp5ses1 or damages 7includ+    
comp5sation = additional liv+ exp5ses1  

lo/ wages 7o!r ?an comp5sation = lo/    
wages paid by ! employ] :i* w\ld h      
o!rwise paid su* wages71 p]sonal injury1
 dea?1 or emotional di/ress7 incurr$ z a
 result ( a qualifi$ wildfire disa/]1 b 
only to ! ext5t ! losses1 exp5ses1 or   
damages comp5sat$ by su* paym5t are 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