Federal HB10344 amends the Internal Revenue Code to allow the Small Business Administration to access taxpayer return information for disaster loan.
Federal HB10344, the Fast Track Disaster Relief Act, amends the Internal Revenue Code to facilitate quicker disaster relief by allowing the Small Business Administration to access taxpayers' return information. This information can be used to determine eligibility for disaster loans under the Disaster Loan Program. The bill specifies that such information can only be used for this purpose and not for any other reason. The changes will apply to disclosures made after the enactment of this Act.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.