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No Tax on PFAS Cleanup Reimbursements

This bill aims to exclude reimbursements for cleaning up PFAS contamination from taxable income. This means individuals or businesses that receive money back for expenses incurred to remove these harmful chemicals will not have to pay income tax on those reimbursements. The change applies to reimbursements received from 2022 onwards.
Key points
Reimbursements for PFAS contamination cleanup will not be considered taxable income.
Individuals and businesses receiving these reimbursements will not pay tax on them.
The provisions apply to reimbursements made in tax years beginning after December 31, 2021.
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Additional Information
Print number: 118_HR_2615
Sponsor: Rep. Pappas, Chris [D-NH-1]
Process start date: 2023-04-13