H.R. 1179 — Chiquita Canyon Tax Relief Act

This section establishes the short title of the Act as the “Chiquita Canyon Tax Relief Act.”

This section treats Chiquita Canyon elevated temperature landfill event payments as qualified disaster relief payments under section 139(b) of the Internal Revenue Code of 1986. As background, section 139 excludes certain disaster-related payments from gross income. The provision defines covered payments as amounts received by or on behalf of an individual as compensation for loss, damages, expenses, relocation, suffering, loss in real property value, closing costs with respect to real property (including realtor commissions), or inconvenience (including access to real property) resulting from the Chiquita Canyon elevated temperature landfill event, if provided by a Federal, State, or local government agency, Waste Connections, Inc., or any subsidiary, insurer, agent, or related person of Waste Connections, Inc. It defines the event as the elevated temperature landfill event beneath the Chiquita Canyon Landfill in Los Angeles County, California, beginning on May 1, 2022, and applies the exclusion to amounts received on or after March 1, 2024.