S 3372 · 119th Congress

Protect Innocent Victims of Taxation After Fire Extension Act

This bill helps people who've lost their homes or belongings in wildfires by making sure they don't have to pay federal income taxes on money they receive to help them recover. Right now, when someone gets compensation for wildfire losses—whether it's from a charity, government program, or settlement—that money migh…

Sponsor

Padilla, Alex (D-California)

Introduced

2025-12-04

Policy area

Taxation

Latest action

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S8514)