WASHINGTON – U.S. Senator Bill Cassidy, M.D. (R-LA) introduced bipartisan legislation as part of his continued effort to support the people of Louisiana affected by Hurricane Ida. The bill would allow Hurricane Ida victims to deduct disaster-related personal casualty losses from their gross income even after taking the standard deduction. It also would waive the 10 percent floor for deductions allowed under current law.
“When recovering from a disaster, every bit helps, and this is a big help,” said Dr. Cassidy. “This bill gives needed tax relief to those Hurricane Ida victims who are using their own money to recover their lives.”
This is the same tax relief Cassidy secured in 2020 to help Hurricane Laura victims and in 2017 for Louisianans impacted by the Great Floods of 2016.
Read the full bill text here.