House Passes Tax Relief Bill to Support Disaster Victims Includes Rep. Tokuda Efforts to Help Those Impacted by Maui Fires
May 23, 2024
May 23, 2024
WASHINGTON, May 23 -- Rep. Jill Tokuda, D-Hawaii, issued the following news release on May 21, 2024:
Today, the U.S. House passed the Federal Disaster Tax Relief Act of 2023, cosponsored by Rep. Jill Tokuda (HI-02). The measure would make it easier for Maui Fire victims to deduct disaster-related losses by eliminating the minimum 10 percent loss threshold and the requirement to itemize deductions to receive this tax benefit. It would also exempt qualified wildfire disaster relief pa . . .
Today, the U.S. House passed the Federal Disaster Tax Relief Act of 2023, cosponsored by Rep. Jill Tokuda (HI-02). The measure would make it easier for Maui Fire victims to deduct disaster-related losses by eliminating the minimum 10 percent loss threshold and the requirement to itemize deductions to receive this tax benefit. It would also exempt qualified wildfire disaster relief pa . . .