118th Congress · HOUSE BILLBILL

H.R. 5574Natural Disaster Property Protection Act of 2023

To amend the Internal Revenue Code of 1986 to increase the dollar threshold applicable to information reporting with respect to payments for qualified natural disaster expenses.

Taxation
Introduced Sep 19, 2023
Last action Sep 19, 2023
Pipeline · Bill → Law
Step 1
Introduced
Sep 19, 2023
Step 2
Referred
Sep 19, 2023
Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill increases from $600 to $5,000 the dollar threshold for information reporting of payments for qualified natural disaster expenses.

Provisions · 2 sectionsIntroduced in House
Timeline · 2 actions
Sep 19, 2023
Introduced in House
Sep 19, 2023
Referred to the House Committee on Ways and Means.