119 STAT. 2016
PUBLIC LAW 109–73—SEPT. 23, 2005
Public Law 109–73 109th Congress An Act Sept. 23, 2005 [H.R. 3768] Katrina Emergency Tax Relief Act of 2005. 26 USC 1 note.
To provide emergency tax relief for persons affected by Hurricane Katrina.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE, ETC.
(a) SHORT TITLE.—This Act may be cited as the ‘‘Katrina Emergency Tax Relief Act of 2005’’. (b) TABLE OF CONTENTS.—The table of contents for this Act is as follows: Sec. 1. Short title, etc. Sec. 2. Hurricane Katrina disaster area. TITLE I—SPECIAL RULES FOR USE OF RETIREMENT FUNDS FOR RELIEF RELATING TO HURRICANE KATRINA Sec. 101. Tax-favored withdrawals from retirement plans for relief relating to Hurricane Katrina. Sec. 102. Recontributions of withdrawals for home purchases cancelled due to Hurricane Katrina. Sec. 103. Loans from qualified plans for relief relating to Hurricane Katrina. Sec. 104. Provisions relating to plan amendments. TITLE II—EMPLOYMENT RELIEF Sec. 201. Work opportunity tax credit for Hurricane Katrina employees. Sec. 202. Employee retention credit for employers affected by Hurricane Katrina. Sec. 301. Sec. 302. Sec. 303. Sec. 304. Sec. 305. Sec. 306.
Sec. 401. Sec. 402. Sec. 403. Sec. 404. Sec. 405. Sec. 406. Sec. 407.
TITLE III—CHARITABLE GIVING INCENTIVES Temporary suspension of limitations on charitable contributions. Additional exemption for housing Hurricane Katrina displaced individuals. Increase in standard mileage rate for charitable use of vehicles. Mileage reimbursements to charitable volunteers excluded from gross income. Charitable deduction for contributions of food inventory. Charitable deduction for contributions of book inventories to public schools. TITLE IV—ADDITIONAL TAX RELIEF PROVISIONS Exclusions of certain cancellations of indebtedness by reason of Hurricane Katrina. Suspension of certain limitations on personal casualty losses. Required exercise of authority under section 7508A for tax relief relating to Hurricane Katrina. Special rules for mortgage revenue bonds. Extension of replacement period for nonrecognition of gain for property located in Hurricane Katrina disaster area. Special rule for determining earned income. Secretarial authority to make adjustments regarding taxpayer and dependency status.
TITLE V—EMERGENCY REQUIREMENT Sec. 501. Emergency requirement.
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