HOUSE 1270118th CongressReferred to the House Committee on Ways and Means.

To exclude certain amounts relating to compensating victims of the East Palestine train derailment, and for other purposes.

Last Action: 3/1/2023

Actions

2023-03-01Referred to the House Committee on Ways and Means.
2023-03-01Introduced in House
2023-03-01Introduced in House

CRS Summary

As of 2023-03-01 (00)

This bill excludes from gross income, for income tax purposes, compensation received by individuals and businesses for losses resulting from the East Palestine, Ohio train derailment on February 3, 2023. This includes lost business income paid by a federal, state, or local government agency, Norfolk Southern Railway, or any subsidiary, insurer, or agent of the railway, or any related person.

Cosponsors (12)

Troy Balderson (R-OH)
Max Miller (R-OH)
Robert Latta (R-OH)
Warren Davidson (R-OH)
David Joyce (R-OH)
Brad Wenstrup (R-OH)
Emilia Sykes (D-OH)
Michael Turner (R-OH)
Jim Jordan (R-OH)
Mike Carey (R-OH)
Shontel Brown (D-OH)
Greg Landsman (D-OH)

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