2025-2026 Regular SessionUS Congress Legislature

SB2744: Federal Disaster Tax Relief Act of 2025

Legislative Summary

A bill to amend the Internal Revenue Code of 1986 to codify and extend the rules for personal casualty losses arising from major disasters and the rules for the exclusion from gross income of compensation for losses or damages resulting from certain wildfires.

Demographic Impact

Overall analysis of equity impact

70% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

9/9/2025
Read twice and referred to the Committee on Finance.
Senate

Status Information

Current Status
Introduced(9/9/2025)
Chamber
Senate
Committee
Finance(Senate)

Sponsors

Republican: 1
Democrat: 1

Primary Sponsor

Rick Scott
Rick Scott
Republican

Co-Sponsors (1)

Documents

Introduced
Bill Text9/18/2025247.2 KB