H.R. 1169: Wildfire Victim Tax Relief and Recovery Act

H.R. 1169 is a federal bill in the 119th Congress. Farmers who sell livestock because of a fire will be able to delay paying taxes on those profits. Currently, farmers can only defer these taxes if they sell livestock due to drought, flood, or other weather-related conditions, not fire. This bill adds fire… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.