US Codex
Bill
Notes

To amend the Internal Revenue Code of 1986 to provide for a minimum automatic extension of certain Federal tax deadlines in the case of Federally declared disasters.

H.R. 4655 · 114th Congress · Mar 1, 2016 · Lineage

A BILL

Section 1 Minimum automatic extension of certain Federal tax deadlines in the case of Federally declared disasters

(a)
In general— Section 7508A of the Internal Revenue Code of 1986 is amended by redesignating subsection (c) as subsection (e) and by inserting after subsection (b) the following new subsections:

“(c) Minimum automatic extension in the case of Federally declared disasters

“(1) In general—In the case of a specified disaster affected person—

“(A) such person shall be treated for purposes of this section as having been determined by the Secretary to be affected by a Federally declared disaster, and

“(B) subsection (a) shall be applied by treating the Secretary as having specified a period of 90 days with respect to such person (or such longer period of up to 1 year as the Secretary may otherwise specify).

“(2) Specified disaster affected person—For purposes of this subsection, the term “specified disaster affected person” means—

“(A) any individual who resides in a disaster area at the time of the Federally declared disaster with respect to such area, and

“(B) any corporation or partnership if the principal place of business of such corporation or partnership is in such area at such time.

“(d) Federally declared disaster; disaster area—For purposes of this section, the terms “Federally declared disaster” and “disaster area” have the respective meanings given such terms by section 165(i).”

(b)
Conforming amendment— Section 7508A(a) of such Code is amended by striking “federally declared disaster (as defined by section 165(h)(3)(C)(i))” and inserting “Federally declared disaster”.
(c)
Effective date— The amendments made by this section shall apply to disasters declared after the date of the enactment of this Act.