Storm Recovery and Community Restoration Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 9081 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 9081 To provide for emergency tax relief for taxpayers affected by the severe storms, flooding, straight-line winds, and tornadoes in certain Iowa counties. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES July 22, 2024 Mr. Feenstra (for himself, Mr. Nunn of Iowa, Mrs. Hinson, and Mrs. Miller-Meeks) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To provide for emergency tax relief for taxpayers affected by the severe storms, flooding, straight-line winds, and tornadoes in certain Iowa counties. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Storm Recovery and Community Restoration Act''. SEC. 2. SPECIAL DISASTER-RELATED RULES FOR USE OF RETIREMENT FUNDS. (a) Tax-Favored Withdrawals From Retirement Plans.-- (1) In general.--Section 72(t…