To amend the Internal Revenue Code of 1986 to authorize the Secretary of the Treasury to postpone certain tax-related deadlines in the case of taxpayers affected by a Presidentially declared disaster, and for other purposes.
Disaster Relief Tax Act of 1997 - Amends the Internal Revenue Code to authorize the Secretary of the Treasury to postpone, for up to 90 days, certain tax-related deadlines in the case of a taxpayer affected by a presidentially declared disaster. Permits the Secretary to prescribe regulations under which an appraisal for the purpose of obtaining a Federal loan as a result of such a disaster may be used to establish the amount of the disaster loss.
Disapproval bills introduced: S. 1157 and H.R. 2444.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E750)
Referred to the House Committee on Ways and Means.
See H.R.2014.
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