November 14, 2017
Contact: T.W. Arrighi
Congresswoman Mimi Walters Introduces Bipartisan California Wildfire Relief Legislation
Washington, DC – Rep. Mimi Walters (R-California), Majority Leader Kevin McCarthy (R-California), and Rep. Mike Thompson (D-California) introduced H.R. 4397, the California Wildfire Disaster Tax Relief Act of 2017, which would provide tax relief to the victims of the recent California wildfires.
Said Rep. Walters, “The 2017 wildfire season resulted in historic destruction throughout our State, including my home district of Orange County. The fires in Northern California and Orange County cost the lives of 43 individuals, displaced thousands of Californians, and destroyed thousands of homes and businesses. These fires have taken an enormous financial and emotional toll on those affected.
“Today, I introduced legislation that will provide financial relief for Californians impacted by the deadly wildfires. The California Wildfire Disaster Tax Relief Act of 2017 would allow victims from the October wildfires to deduct property damage costs from their taxes, provide for affordable penalty-free withdrawals from their retirement accounts, and encourage charitable giving to help those in need. This bill will help alleviate the financial burden for the thousands of Californians who are recovering from the wildfires.
“Californians are resilient and I have no doubt that our State will rebuild stronger than ever. I urge my colleagues to stand with California and support this legislation.”
Said Leader McCarthy, “The fire damage our state and fellow Californians have faced this year is historically tragic. As we come together to help recover and rebuild we will lean on the full resources from our community. The federal government should make harnessing those resources easier, especially in times of crisis. Mimi has identified common sense solutions to give citizens the power to access their own money without tax penalty to help themselves and their neighbors in this time of need. The House is committed to removing unnecessary obstacles to a full recovery and Mimi’s leadership is making sure we get that done.”
Walters represents California’s 45th District and serves on the House Energy and Commerce Committee.