Filing Relief for Natural Disasters Act
This bill allows people and business owners affected by natural disasters to postpone their federal tax filing and payment deadlines. Governors can request this relief directly from the federal government for state-declared disasters, removing the need to wait for a formal federal disaster declaration. In addition, the bill doubles the guaranteed tax postponement period for disaster victims from 60 days to 120 days.
What this bill touches.
Who it helps · who it burdens.
Who it helps
- Taxpayers affected by declared disastersGains access to federal tax deadline postponements during state-declared disasters (upon a governor or mayor's request) and sees the automatic mandatory deadline extension lengthened from 60 days to 120 days.
- State governors and the Mayor of the District of ColumbiaGains the authority to formally request that the Secretary of the Treasury postpone federal tax deadlines for residents and businesses affected by state-level disaster declarations.
Who it burdens
- Department of the Treasury and Internal Revenue ServiceMust review governor requests in consultation with FEMA to grant tax deadline postponements for state disasters and administer longer (120-day instead of 60-day) automatic deadline extensions.
The provisions, in plain language.
Authorizes the Department of the Treasury, upon request from a state governor or the mayor of the District of Columbia, to postpone federal tax deadlines for individuals and businesses affected by state-declared disasters.
Doubles the mandatory automatic extension for federal tax deadlines from 60 days to 120 days for taxpayers affected by qualified disasters declared after the bill's enactment.