After two years of delays, the Federal Disaster Tax Relief Act of 2023 (H.R. 5863), endorsed by Congressman Byron Donalds (R-FL), has been signed into law by the President, providing crucial tax relief to disaster victims across the country, including Southwest Florida residents.
The legislation, signed into law on December 12, 2024, offers targeted tax relief for victims of over 300 federally-declared disasters since February 2021. These include major events like Hurricanes Ian, Milton, Helene, Idalia, Debby, Nicole, and Fiona, the Maui fires, recent California wildfires, and the East Palestine train derailment.
Congressman Donalds celebrated the bill’s enactment, highlighting its importance for Floridians who have endured significant hardship…