H.R. 1, P.L. 119-21, the law known as the One Big Beautiful Bill Act (OBBBA), extended qualified disaster loss treatment under the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (TCDTRA). Such treatment applies to major disasters that were declared by the President during the period between Jan. 1, 2020, and Sept. 2, 2025, and having an incident period that began on or after Dec. 28, 2019, and on or before July 4, 2025, and must have ended no
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Qualified Disasters under H.R. 1
Sep 19, 2025 · 1 min read
SECTION
EXCLUSIVE
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Download the Qualified Disasters under H.R. 1
File name: Qualified Disasters under H.R. 1.xlsx
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