Head of House panel seeks tax relief for hurricane victims
(WorldNews Politics)

WASHINGTON (AP) - The head of the House`s tax-writing committee is putting forward legislation to give temporary tax relief to victims of hurricanes Harvey, Irma and Maria. The bill proposed Friday by Rep. Kevin Brady, R-Texas, chair of the House Ways and Means Committee, would ease requirements for deducting individual property losses and allow people to draw on their retirement funds without penalty. The legislation also seeks to encourage people around the U.S. to donate to hurricane relief efforts by temporarily suspending limits on deductions for charitable contributions. Brady said he plans to formally introduce the bill on Monday. ......