Cassidy, Butler Introduce Legislation to Provide Tax Relief for Hurricane Ida Victims
January 25, 2024
January 25, 2024
WASHINGTON, Jan. 25 -- Sen. Bill Cassidy, R-Louisiana, issued the following news release:
WASHINGTON - U.S. Senators Bill Cassidy, M.D. (R-LA) and Laphonza Butler (D-CA) introduced legislation to provide tax relief for those affected by Hurricane Ida. The bill would allow Hurricane Ida victims and victims of other Presidentially-declared major natural disasters to deduct qualified disaster-related personal casualty losses from their income, even when taking the standard deduction. A . . .
WASHINGTON - U.S. Senators Bill Cassidy, M.D. (R-LA) and Laphonza Butler (D-CA) introduced legislation to provide tax relief for those affected by Hurricane Ida. The bill would allow Hurricane Ida victims and victims of other Presidentially-declared major natural disasters to deduct qualified disaster-related personal casualty losses from their income, even when taking the standard deduction. A . . .