S. 496: Wildfire Victim Tax Relief and Recovery Act

S. 496 is a federal bill in the 119th Congress. Farmers who sell livestock because of a fire will be able to delay paying taxes on any profits from those sales. Currently, farmers can only delay these taxes if they sell livestock due to drought, flood, or other weather-related conditions, not… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.