HR 1093 · 119th Congress

Natural Disaster Property Protection Act of 2025

This bill makes a targeted change to how the IRS tracks payments for natural disaster-related work. Currently, contractors and service providers have to report to the IRS any payments they receive over $600 for most types of work. This bill increases that reporting threshold to $5,000 specifically for payments relat…

Sponsor

Pettersen, Brittany (D-Colorado)

Introduced

2025-02-06

Policy area

Taxation

Latest action

Referred to the House Committee on Ways and Means.