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Monday, December 23, 2024

Federal disaster tax relief act passes Congress; awaits presidential approval

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Senator Rick Scott | Senator Rick Scott Website

Senator Rick Scott | Senator Rick Scott Website

Today, the U.S. Senate passed the Federal Disaster Tax Relief Act, which aims to provide tax relief for communities affected by disasters in Florida, North Carolina, Georgia, Puerto Rico, and other regions. The bill addresses damages caused by Hurricanes Helene, Debby, Milton this year, as well as Ian, Nicole, Fiona and Idalia from previous years. With its passage in both the Senate and House of Representatives—where it was championed by Congressman Greg Steube—the legislation now awaits the president's signature to become law.

Senator Rick Scott expressed satisfaction with the bill's progress. "After years of fighting," he stated, "I am incredibly proud to see the passage of meaningful tax relief for families who faced devastation and loss from Hurricanes Ian, Idalia, Helene, Milton and other disasters in recent years." He emphasized that many families have been waiting too long for this assistance.

Scott further urged swift action: "Passage of this bill is a good start to help so many families in Florida, Puerto Rico and across the nation," he said. "I hope to see the president sign it into law quickly just as past administrations have done to bring relief as soon as possible."

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