House Passes Disaster Tax Relief and Airport and Airway Extension Act
Targeted News Service (Press Releases)
WASHINGTON, Sept. 28 -- Rep. Scott Taylor, R-Va., issued the following news release:
Today, the House of Representatives passed the Disaster Tax Relief and Airport and Airway Extension Act of 2017, introduced by Representatives Kevin Brady (TX-08) and Bill Shuster (PA-09), on September 25, 2017. The bill includes H.R. 1422, the Private Flood Insurance Market Development Act, which was ordered reported by the Financial Services Committee on June 21, 2017. This legislation reauthorizes the Federal Aviation Administration (FAA) for six months, provides tax benefits for victims of Hurricanes Harvey, Irma, and Maria, reauthorizes certain expiring health programs, and includes provisions to increase the availability of private flood insurance for individuals in flood zones.
"As I have stated before, the recovery period for Hurricane victims in the gulf and the southeast United States will not be measured in weeks or months, but years," said Congressman Scott Taylor. "These tax benefits will give families who are struggling in the wake of this disaster a helping hand to get back on their feet."
Sen. Paul: ‘Trump Preparing Executive Order to Let Americans Purchase Health Insurance Across State Lines’
RSA Welcomes New Talent to Broker Leader Programme
Advisor News
- House panel advances CLEAR Forms Act backed by IRI
- Modifying life insurance based on evolving needs
- Gen X faces ‘pension envy’ as they head into retirement
- Your client wants to cash out an annuity. Here’s what to consider
- How student loan debt impacts 401(k) balances
More Advisor NewsAnnuity News
- A-Cap strikes back with lawsuit accusing SC regulators of sloppy process, leaking secrets
- AM Best to Discuss Its Views on Private Credit Surge and Risks at 2026 NAIC/NIPR Insurance Summit
- OID recovers $260M in life insurance benefits
- NUNN BILLS TO COMBAT PAYMENT SCAMS, CUT FINANCIAL RED TAPE PASS FINANCIAL SERVICES COMMITTEE
- SS&C Black Diamond Expands Annuities & Insurance Marketplace with New Insurance Capabilities and Carriers
More Annuity NewsHealth/Employee Benefits News
Life Insurance News