Disaster Zone Energy Affordability and Investment Act allows certain taxpayers affected by federally declared disasters to transfer a portion of.

The Disaster Zone Energy Affordability and Investment Act amends the Internal Revenue Code to allow a portion of general business credit carryforwards to be transferred by certain taxpayers affected by federally declared disasters. This applies to taxable years ending after the date of enactment of the Act. The bill also exempts certain disaster-affected areas from registration requirements and treats affiliated groups filing consolidated returns as one taxpayer.

Disaster Zone Energy Affordability and Investment Act allows certain taxpayers affected by federally declared disasters to transfer a portion of.

The Disaster Zone Energy Affordability and Investment Act amends the Internal Revenue Code to allow a portion of general business credit carryforwards to be transferred by certain taxpayers affected by federally declared disasters. This applies to taxable years ending after the date of enactment of the Act. The bill also exempts certain disaster-affected areas from registration requirements and treats affiliated groups filing consolidated returns as one taxpayer.