Cassidy reintroduces bill for Isaac relief - WAFF-TV: News, Weather and Sports for Huntsville, AL

Cassidy reintroduces bill for Isaac relief

Posted: Updated:
BATON ROUGE, LA (WAFB) -

Congressman Bill Cassidy, R-LA, is re-introducing a bill to the Senate that would help families and small businesses still recovering from Hurricane Isaac.

Cassidy said the Isaac Act would provide additional tax relief for those most impacted by the storm without costing the taxpayers.

Louisiana and Mississippi residents living in the federally-declared disaster area could deduct more unreimbursed losses and withdraw funds from their IRAs.

The money would be tax free and not subject to contribution limits if paid back within three years.

Copyright 2013 WAFB. All rights reserved.

Powered by WorldNow

1414 North Memorial Parkway
Huntsville, AL 35801
256-533-4848

WAFF Is a Proud Member
of the Raycom Family of Stations


FCC Public File
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and WAFF. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.