Leads Members of Florida Delegation in Letter to President Biden: Support Our Hurricane Tax Relief Act

WASHINGTON, D.C. –  Today, Senator Rick Scott released his weekly update on his actions to address America’s debt crisis and rising inflation. In case you missed it, earlier this week

Senator Scott was joined by Senator Marco Rubio, Representatives Byron Donalds, Scott Franklin, Bill Posey, Anna Paulina-Luna, Mario Díaz-Balart and Jenniffer González-Colón in sending a letter to President Biden urging him to support their Hurricane Tax Relief Act and encourage its passage, which would provide disaster-loss tax relief to families impacted by Hurricanes Ian, Nicole and Fiona in 51 Florida counties and Puerto Rico at a time when inflation continues to hurt families trying to make ends meet.

The Hurricane Tax Relief Act would make Hurricanes Ian, Nicole and Fiona qualified disasters for purposes of enhanced disaster casualty loss tax relief. This bill modifies the deduction for personal casualty losses in the hurricane disaster areas, waiving the requirements for impacted taxpayers to itemize deductions and to have losses that exceed 10% of adjusted gross income. Congress previously extended this tax relief for Hurricanes Irma, Wilma, Dorian, and Michael, among others.

Read the full letter HERE.

Since being elected to the U.S. Senate, Senator Scott has repeatedly urged action to address America’s debt crisis and the harmful effects of inflation. Click HERE for a comprehensive list of his statements and actions on this urgent issue. Additionally, click HERE for Senator Scott’s monthly Economic Snapshot.

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