Natural Disaster Property Protection Act of 2025

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 1093 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 1093 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. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 6, 2025 Ms. Pettersen (for herself and Mr. LaMalfa) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL 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. 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 ``Natural Disaster Property Protection Act of 2025''. SEC. 2. INCREASE IN THRESHOLD REQUIRING INFORMATION REPORTING TO RESPECT TO QUALIFIED NATURAL DISASTER EXPENSES. (a) Returns Re…