1. Short title
This Act may be cited as the “Fallen Firefighters Assistance Tax Clarification Act of 2013”.
Fallen Firefighters Assistance Tax Clarification Act of 2013
A BILL
To treat payments by charitable organizations with respect to certain firefighters as exempt payments.
2. Payments by charitable organizations with respect to certain firefighters treated as exempt payments
In general— For purposes of the Internal Revenue Code of 1986, payments made on behalf of any firefighter who died or was injured as a result of the ambush of firefighters responding to an emergency on December 24, 2012, in Webster, New York, to any family member of such firefighter or aforementioned injured firefighters by an organization described in paragraph (1) or (2) of section 509(a) of such Code shall be treated as related to the purpose or function constituting the basis for such organization’s exemption under section 501 of such Code if such payments are made in good faith using a reasonable and objective formula which is consistently applied.
Application— Subsection (a) shall apply only to payments made on or after December 24, 2012, and before December 31, 2013.