• Congress Passes Katrina Tax Relief Bills
  • September 29, 2005
  • Law Firm: Dow Lohnes PLLC - Washington Office
  • Both Houses of Congress approved emergency tax relief for individuals affected by Katrina by voice vote on September 15, 2005. Both bills contain a series of employee benefit provisions designed to ease access to assets held in tax-qualified employee benefit plans for employees affected by Katrina on a temporary basis. There are some differences between the tax bills adopted by the Senate and the House.