About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

LOG IN
LOG IN


H. Rept. 119-43 1 (2025-03-27)

handle is hein.congrecreports/crptxahfl0001 and id is 1 raw text is: AUT-ENTICATED US. GOVERNMENT INFORMATION GP 119TH CONGRESS REPORT 1st Session HOUSE OF REPRESENTATIVES 119-43 DISASTER RELATED EXTENSION OF DEADLINES ACT MARCH 27, 2025.-Committed to the Committee of the Whole House on the State of the Union and ordered to be printed Mr. SMITH of Missouri, from the Committee on Ways and Means, submitted the following REPORT [To accompany H.R. 1491] [Including cost estimate of the Congressional Budget Office] The Committee on Ways and Means, to whom was referred the bill (H.R. 1491) to amend the Internal Revenue Code of 1986 to make the postponement of certain deadlines by reason of disasters applicable to the limitation on credit or refund, and to take post- ponements into account for purposes of sending collection notices, having considered the same, reports favorably thereon with an amendment and recommends that the bill as amended do pass. CONTENTS Page I. SUMMARY AND BACKGROUND ................................................................. 2 A. Purpose and Sum m ary ..................................................................... 2 B. Background and Need for Legislation .................... 2 C. Legislative H istory ........................................................................... . 3 D . Designated H earing .......................................................................... 4 II. EXPLANATION OF THE BILL ..................................................................... 4 III. VOTE OF THE COM M ITTEE ........................................................................ 7 IV. BUDGET EFFECTS OF THE BILL ............................................................... 8 A. Committee Estimate of Budgetary Effects .................. 8 B. Statement Regarding New Budget Authority and Tax Expendi- tures Budget Authority .................................................................. 8 C. Cost Estimate Prepared by the Congressional Budget Office ....... 8 V. OTHER MATTERS TO BE DISCUSSED UNDER THE RULES OF THE H O U SE .......................................................................................................... 10 A. Committee Oversight Findings and Recommendations ................ 10 B. Statement of General Performance Goals and Objectives ............ 10 C. Applicability of House Rule XXI, Clause 5(b) ................................. 10 D. Information Relating to Unfunded Mandates ................ 10 E. Congressional Earmarks, Limited Tax Benefits, and Limited Tariff B enefits ................................................................................ 10 F. Duplication of Federal Program s ..................................................... 10 59-006