HR 1270 · 118th Congress · Taxation

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

Introduced 2023-03-01· Sponsored by Rep. Johnson, Bill [R-OH-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2023-03-01)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (12)

3 Democrats9 Republicans