Bill > S1679

This bill aims to provide relief for U.S. nationals who were unlawfully detained or held hostage abroad. The key provisions are: 1. It amends the Internal Revenue Code to allow these individuals to postpone tax deadlines and be entitled to the same benefits as those performing services for the government, in the same manner as if they were serving abroad. 2. It requires the Secretary of the Treasury, in consultation with the Secretary of State and Attorney General, to establish a program to reimburse or abate any interest, penalties, or other tax liabilities incurred by these individuals during the applicable period (January 1, 2021 to the date of enactment). 3. It directs the Secretary of State and Attorney General to identify the eligible individuals based on the list of U.S. nationals unlawfully detained abroad and those determined to have been taken hostage abroad. The goal is to provide tax relief and reimbursement for U.S. nationals who faced financial consequences due to their unlawful detention or hostage-taking abroad.

Budget and Finance

https://www.congress.gov/bill/118th-congress/senate-bill/1679/all-info