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AI Summary: This bill aims to exclude specific amounts related to compensating victims of the East Palestine train derailment from being considered as income for federal tax purposes. The primary focus is on providing relief to those affected by the incident by ensuring that any compensation received is not taxed.
Latest Action: Introduced in House
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Actions (2):
2023-03-01 : Introduced in House
2023-03-01 : Referred to the House Committee on Ways and Means.
Democrat Republican