• Full deduction for disaster clean up expense • Relaxed
retirement plan distribution rules — elimination of the 10 percent penalty tax that would otherwise apply on an early withdrawal from a
retirement plan and permit individuals
to withdraw up
to $ 100,000 without penalty
to cover storm - related expenses • Housing Exemptions for displaced individuals — would provide additional tax exemptions for individuals who provide free shelter for at least 60 days
to anyone displaced by the storm ($ 500 exemption per person, maximum of four exemptions for the year) • Worker retention credit — would extend tax credits
to business owners who continued paying wages while their businesses were forced
to close.