Bill > S132

This bill modifies the Internal Revenue Code to expand the Internal Revenue Service's (IRS) ability to provide tax deadline extensions during state-declared disasters. Specifically, the bill allows the IRS Secretary to postpone federal tax deadlines when a state governor (or Washington D.C. mayor) requests relief for a "qualified state declared disaster," which is broadly defined to include natural catastrophes like hurricanes, earthquakes, floods, fires, and other severe events that cause significant damage. The bill broadens the definition of "State" to include U.S. territories like Puerto Rico, the Virgin Islands, Guam, and others. Additionally, the legislation extends the mandatory deadline extension period from 60 to 120 days, giving taxpayers more time to file and pay taxes in areas affected by major disasters. This change aims to provide more flexibility and relief to taxpayers who are dealing with the aftermath of significant natural or man-made catastrophic events that disrupt their ability to meet standard tax filing requirements.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/132/all-info