I 
115TH CONGRESS 
1ST SESSION H. R. 2849 
To provide emergency tax relief for persons affected by severe storms and 
flooding occurring in Louisiana. 
IN THE HOUSE OF REPRESENTATIVES 
JUNE 8, 2017 
Mr. GRAVES of Louisiana (for himself, Mr. RICHMOND, Mr. ABRAHAM, and 
Mr. HIGGINS of Louisiana) introduced the following bill; which was re-
ferred to the Committee on Ways and Means 
A BILL 
To provide emergency tax relief for persons affected by 
severe storms and flooding occurring in Louisiana. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE, ETC. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘Louisiana Flood and Storm Devastation Tax Relief Act 
of 2017’’. 
(b) TABLE OF CONTENTS.—The table of contents for 
this Act is as follows: 
Sec. 1. Short title, etc. 
Sec. 2. Louisiana Storm and Flood Disaster Area. 
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TITLE I—SPECIAL RULES FOR USE OF RETIREMENT FUNDS FOR 
RELIEF RELATING TO LOUISIANA STORMS AND FLOODING 
Sec. 101. Tax-favored withdrawals from retirement plans for relief relating to 
Louisiana storms and flooding. 
Sec. 102. Recontributions of withdrawals for home purchases canceled due to 
the Louisiana storms and flooding. 
Sec. 103. Loans from qualified plans for relief relating to Louisiana storms and 
flooding. 
Sec. 104. Provisions relating to plan amendments. 
TITLE J—EMPLOYMENT RELIEF 
Sec. 201. Work opportunity tax credit for Louisiana storm and flood employees. 
Sec. 202. Employee retention credit for employers affected by Louisiana storms 
and flooding. 
TITLE K—CHARITABLE GIVING INCENTIVES 
Sec. 301. Temporary suspension of limitations on charitable contributions. 
Sec. 302. Additional exemption for housing Louisiana storm and flood displaced 
individuals. 
Sec. 303. Increase in standard mileage rate for charitable use of vehicles. 
Sec. 304. Mileage reimbursements to charitable volunteers excluded from gross 
income. 
Sec. 305. Charitable deduction for contributions of book inventories to public 
schools. 
TITLE L—ADDITIONAL TAX RELIEF PROVISIONS 
Sec. 401. Exclusions of certain cancellations of indebtedness by reason of Lou-
isiana storms and flooding. 
Sec. 402. Suspension of certain limitations on personal casualty losses. 
Sec. 403. Required exercise of authority under section 7508A for tax relief re-
lating to Louisiana storms and flooding. 
Sec. 404. Special rules for mortgage revenue bonds relating to Louisiana 
storms and flooding. 
Sec. 405. Extension of replacement period for nonrecognition of gain for prop-
erty located in Louisiana storm and flood disaster area. 
Sec. 406. Special rule for determining earned income. 
Sec. 407. Secretarial authority to make adjustments regarding taxpayer and de-
pendency status. 
Sec. 408. Low-income housing credit. 
Sec. 409. Application of new markets tax credit to investments in community 
development entities serving Louisiana storm and flood disaster 
area. 
Sec. 410. Tax-exempt bond financing. 
Sec. 411. Expensing for certain demolition and clean-up costs. 
Sec. 412. Extension of expensing for environmental remediation costs. 
Sec. 413. Treatment of net operating losses attributable to Louisiana storm 
and flood disaster area losses. 
Sec. 414. Increased expensing for qualified timber property. 
Sec. 415. Disaster loss carryback. 
Sec. 416. Housing relief for individuals affected by Louisiana storms and flood-
ing. 
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SEC. 2. LOUISIANA STORM AND FLOOD DISASTER AREA. 
For purposes of this Act— 
(1) LOUISIANA STORM AND FLOOD DISASTER 
AREA.—The term ‘‘Louisiana storm and flood dis-
aster area’’ means an area with respect to which a 
major disaster has been declared by the President 
under section 401 of the Robert T. Stafford Disaster 
Relief and Emergency Assistance Act— 
(A) before September 3, 2016, by reason 
of severe storms and flooding occurring in Lou-
isiana during August of 2016, 
(B) before April 21, 2016, by reason of se-
vere storms and flooding occurring in Louisiana 
during March and April of 2016, and 
(C) before February 12, 2017, by reason 
of tornadoes, storms, and straight line winds 
occurring in Louisiana on February 7, 2017. 
(2) CORE
DISASTER
AREA.—The term ‘‘core 
disaster area’’ means that portion of the Louisiana 
storm and flood disaster area determined by the 
President to warrant individual or individual and 
public assistance from the Federal Government 
under such Act. 
(3) APPLICABLE
DISASTER
DATE.—The term 
‘‘applicable disaster date’’ means, with respect to 
any Louisiana storm and flood disaster area, the 
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date of the first day of the period during which the 
severe storms and flooding giving rise to the Presi-
dential declaration described in paragraph (1) oc-
curred. 
TITLE I—SPECIAL RULES FOR 
USE OF RETIREMENT FUNDS 
FOR RELIEF RELATING TO 
LOUISIANA 
STORMS 
AND 
FLOODING 
SEC. 101. TAX-FAVORED WITHDRAWALS FROM RETIRE-
MENT PLANS FOR RELIEF RELATING TO LOU-
ISIANA STORMS AND FLOODING. 
(a) IN GENERAL.—Section 72(t) of the Internal Rev-
enue Code of 1986 shall not apply to any qualified Lou-
isiana storm and flood distribution. 
(b) AGGREGATE DOLLAR LIMITATION.— 
(1) IN GENERAL.—For purposes of this section, 
the aggregate amount of distributions received by an 
individual which may be treated as qualified Lou-
isiana storm and flood distributions for any taxable 
year shall not exceed the excess (if any) of— 
(A) $100,000, over 
(B) the aggregate amounts treated as 
qualified Louisiana storm and flood distribu-
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tions received by such individual for all prior 
taxable years. 
(2) TREATMENT OF PLAN DISTRIBUTIONS.—If 
a distribution to an individual would (without regard 
to paragraph (1)) be a qualified Louisiana storm 
and flood distribution, a plan shall not be treated as 
violating any requirement of the Internal Revenue 
Code of 1986 merely because the plan treats such 
distribution as a qualified Louisiana storm and flood 
distribution, unless the aggregate amount of such 
distributions from all plans maintained by the em-
ployer (and any member of any controlled group 
which includes the employer) to such individual ex-
ceeds $100,000. 
(3) CONTROLLED
GROUP.—For purposes of 
paragraph (2), the term ‘‘controlled group’’ means 
any group treated as a single employer under sub-
section (b), (c), (m), or (o) of section 414 of such 
Code. 
(c) AMOUNT DISTRIBUTED MAY BE REPAID.— 
(1) IN GENERAL.—Any individual who receives 
a qualified Louisiana storm and flood distribution 
may, at any time during the 3-year period beginning 
on the day after the date on which such distribution 
was received, make one or more contributions in an 
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aggregate amount not to exceed the amount of such 
distribution to an eligible retirement plan of which 
such individual is a beneficiary and to which a roll-
over contribution of such distribution could be made 
under 
section 
402(c), 
403(a)(4), 
403(b)(8), 
408(d)(3), or 457(e)(16) of such Code, as the case 
may be. 
(2) TREATMENT OF REPAYMENTS OF DISTRIBU-
TIONS FROM ELIGIBLE RETIREMENT PLANS OTHER 
THAN IRAS.—For purposes of such Code, if a con-
tribution is made pursuant to paragraph (1) with re-
spect to a qualified Louisiana storm and flood dis-
tribution from an eligible retirement plan other than 
an individual retirement plan, then the taxpayer 
shall, to the extent of the amount of the contribu-
tion, be treated as having received the qualified Lou-
isiana storm and flood distribution in an eligible roll-
over distribution (as defined in section 402(c)(4) of 
such Code) and as having transferred the amount to 
the eligible retirement plan in a direct trustee to 
trustee transfer within 60 days of the distribution. 
(3) TREATMENT
OF
REPAYMENTS
FOR
DIS-
TRIBUTIONS
FROM
IRAS.—For purposes of such 
Code, if a contribution is made pursuant to para-
graph (1) with respect to a qualified Louisiana 
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storm and flood distribution from an individual re-
tirement plan (as defined by section 7701(a)(37) of 
such Code), then, to the extent of the amount of the 
contribution, the qualified Louisiana storm and flood 
distribution shall be treated as a distribution de-
scribed in section 408(d)(3) of such Code and as 
having been transferred to the eligible retirement 
plan in a direct trustee to trustee transfer within 60 
days of the distribution. 
(d) DEFINITIONS.—For purposes of this section— 
(1) QUALIFIED LOUISIANA STORM AND FLOOD-
ING
DISTRIBUTION.—Except as provided in sub-
section (b), the term ‘‘qualified Louisiana storm and 
flooding distribution’’ means any distribution from 
an eligible retirement plan made on or after the ap-
plicable disaster date, to an individual whose prin-
cipal residence on or after such date, is located in 
the Louisiana storm and flood disaster area and who 
has sustained an economic loss by reason of the se-
vere storms and flooding giving rise to the Presi-
dential declaration described in section 2(1). 
(2) ELIGIBLE RETIREMENT PLAN.—The term 
‘‘eligible retirement plan’’ shall have the meaning 
given such term by section 402(c)(8)(B) of such 
Code. 
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(e) INCOME INCLUSION SPREAD OVER 3-YEAR PE-
RIOD FOR QUALIFIED LOUISIANA STORM AND FLOODING 
DISTRIBUTIONS.— 
(1) IN GENERAL.—In the case of any qualified 
Louisiana storm and flood distribution, unless the 
taxpayer elects not to have this subsection apply for 
any taxable year, any amount required to be in-
cluded in gross income for such taxable year shall be 
so included ratably over the 3-taxable-year period 
beginning with such taxable year. 
(2) SPECIAL
RULE.—For purposes of para-
graph (1), rules similar to the rules of subparagraph 
(E) of section 408A(d)(3) of such Code shall apply. 
(f) SPECIAL RULES.— 
(1) EXEMPTION
OF
DISTRIBUTIONS
FROM 
TRUSTEE
TO
TRUSTEE
TRANSFER
AND
WITH-
HOLDING
RULES.—For 
purposes 
of 
sections 
401(a)(31), 402(f), and 3405 of such Code, qualified 
Louisiana storm and flood distributions shall not be 
treated as eligible rollover distributions. 
(2) QUALIFIED LOUISIANA STORM AND FLOOD-
ING
DISTRIBUTIONS
TREATED
AS
MEETING
PLAN 
DISTRIBUTION
REQUIREMENTS.—For purposes of 
such Code, a qualified Louisiana storm and flood 
distribution shall be treated as meeting the require-
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ments of sections 401(k)(2)(B)(i), 403(b)(7)(A)(ii), 
403(b)(11), and 457(d)(1)(A) of such Code. 
SEC. 102. RECONTRIBUTIONS OF WITHDRAWALS FOR HOME 
PURCHASES CANCELED DUE TO THE LOU-
ISIANA STORMS AND FLOODING. 
(a) RECONTRIBUTIONS.— 
(1) IN GENERAL.—Any individual who received 
a qualified distribution may, during the period be-
ginning on the applicable disaster date, and ending 
on December 31, 2017, make one or more contribu-
tions in an aggregate amount not to exceed the 
amount of such qualified distribution to an eligible 
retirement plan (as defined in section 402(c)(8)(B) 
of the Internal Revenue Code of 1986) of which such 
individual is a beneficiary and to which a rollover 
contribution of such distribution could be made 
under section 402(c), 403(a)(4), 403(b)(8), or 
408(d)(3) of such Code, as the case may be. 
(2) TREATMENT OF REPAYMENTS.—Rules simi-
lar to the rules of paragraphs (2) and (3) of section 
101(c) of this Act shall apply for purposes of this 
section. 
(b) QUALIFIED DISTRIBUTION DEFINED.—For pur-
poses of this section, the term ‘‘qualified distribution’’ 
means any distribution— 
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(1) described in section 401(k)(2)(B)(i)(IV), 
403(b)(7)(A)(ii) (but only to the extent such dis-
tribution 
relates 
to 
financial 
hardship), 
403(b)(11)(B), or 72(t)(2)(F) of such Code, 
(2)(A) received after— 
(i) February 10, 2016, and before Au-
gust 11, 2016, in the case of the disaster 
specified in section 2(1)(A), 
(ii) September 30, 2016, and before 
April 1, 2017, in the case of the disaster 
specified in section 2(1)(B), or 
(iii) August 7, 2017, and before Feb-
ruary 8, 2018, in the case of the disaster 
specified in section 2(1)(C), and 
(B) which was to be used to purchase or con-
struct a principal residence in the Louisiana storm 
and flood disaster area, but which was not so pur-
chased or constructed on account of the severe 
storms and flooding giving rise to the Presidential 
declaration described in section 2(1). 
SEC. 103. LOANS FROM QUALIFIED PLANS FOR RELIEF RE-
LATING TO LOUISIANA STORMS AND FLOOD-
ING. 
(a) INCREASE IN LIMIT ON LOANS NOT TREATED AS 
DISTRIBUTIONS.—In the case of any loan from a qualified 
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employer plan (as defined under section 72(p)(4) of the 
Internal Revenue Code of 1986) to a qualified individual 
made after the date of enactment of this Act and before 
January 1, 2018— 
(1) clause (i) of section 72(p)(2)(A) of such 
Code shall be applied by substituting ‘‘$100,000’’ 
for ‘‘$50,000’’, and 
(2) clause (ii) of such section shall be applied 
by substituting ‘‘the present value of the nonforfeit-
able accrued benefit of the employee under the plan’’ 
for ‘‘one-half of the present value of the nonforfeit-
able accrued benefit of the employee under the 
plan’’. 
(b) DELAY OF REPAYMENT.—In the case of a quali-
fied individual with an outstanding loan on or after the 
date that is 5 days before the applicable disaster date, 
from a qualified employer plan (as defined in section 
72(p)(4) of such Code)— 
(1) if the due date pursuant to subparagraph 
(B) or (C) of section 72(p)(2) of such Code for any 
repayment with respect to such loan occurs during 
the period beginning on the date that is 5 days be-
fore the applicable disaster date, and ending on De-
cember 31, 2017, such due date shall be delayed for 
1 year, 
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(2) any subsequent repayments with respect to 
any such loan shall be appropriately adjusted to re-
flect the delay in the due date under paragraph (1) 
and any interest accruing during such delay, and 
(3) in determining the 5-year period and the 
term of a loan under subparagraph (B) or (C) of 
section 72(p)(2) of such Code, the period described 
in paragraph (1) shall be disregarded. 
(c) QUALIFIED INDIVIDUAL.—For purposes of this 
section, the term ‘‘qualified individual’’ means an indi-
vidual whose principal place of abode on the date that is 
5 days before the applicable disaster date, is located in 
the Louisiana storm and flood disaster area and who has 
sustained an economic loss by reason of the severe storms 
and flooding giving rise to the Presidential declaration de-
scribed in section 2(1). 
SEC. 104. PROVISIONS RELATING TO PLAN AMENDMENTS. 
(a) IN GENERAL.—If this section applies to any 
amendment to any plan or annuity contract, such plan or 
contract shall be treated as being operated in accordance 
with the terms of the plan during the period described in 
subsection (b)(2)(A). 
(b) AMENDMENTS TO WHICH SECTION APPLIES.— 
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(1) IN GENERAL.—This section shall apply to 
any amendment to any plan or annuity contract 
which is made— 
(A) pursuant to any amendment made by 
this title, or pursuant to any regulation issued 
by the Secretary of the Treasury or the Sec-
retary of Labor under this title, and 
(B) on or before the last day of the first 
plan year beginning on or after January 1, 
2018, or such later date as the Secretary of the 
Treasury may prescribe. 
In the case of a governmental plan (as defined in 
section 414(d) of the Internal Revenue Code of 
1986), subparagraph (B) shall be applied by sub-
stituting the date which is 2 years after the date 
otherwise applied under subparagraph (B). 
(2) CONDITIONS.—This section shall not apply 
to any amendment unless— 
(A) during the period— 
(i) beginning on the date the legisla-
tive or regulatory amendment described in 
paragraph (1)(A) takes effect (or in the 
case of a plan or contract amendment not 
required by such legislative or regulatory 
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amendment, the effective date specified by 
the plan), and 
(ii) ending on the date described in 
paragraph (1)(B) (or, if earlier, the date 
the plan or contract amendment is adopt-
ed), 
the plan or contract is operated as if such plan 
or contract amendment were in effect, and 
(B) such plan or contract amendment ap-
plies retroactively for such period. 
TITLE J—EMPLOYMENT RELIEF 
SEC. 201. WORK OPPORTUNITY TAX CREDIT FOR LOU-
ISIANA STORM AND FLOOD EMPLOYEES. 
(a) IN GENERAL.—For purposes of section 51 of the 
Internal Revenue Code of 1986, a Louisiana storm and 
flood employee shall be treated as a member of a targeted 
group. 
(b) LOUISIANA STORM AND FLOOD EMPLOYEE.— 
For purposes of this section, the term ‘‘Louisiana storm 
and flood employee’’ means— 
(1) any individual who on the applicable dis-
aster date, had a principal place of abode in the core 
disaster area and who is hired before January 1, 
2019, for a position the principal place of employ-
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ment of which is located in the core disaster area, 
and 
(2) any individual who on such date had a prin-
cipal place of abode in the core disaster area, who 
is displaced from such abode by reason of the severe 
storms and flooding giving rise to the Presidential 
declaration described in section 2(1), and who is 
hired during the period beginning on such date and 
ending on December 31, 2017. 
(c) REASONABLE IDENTIFICATION ACCEPTABLE.—In 
lieu of the certification requirement under section 
51(d)(13)(A) of such Code, an individual may provide to 
the employer reasonable evidence that the individual is a 
Louisiana storm and flood employee, and subparagraph 
(B) of such section shall be applied as if such evidence 
were a certification described in such subparagraph. 
(d) SPECIAL RULES FOR DETERMINING CREDIT.— 
For purposes of applying subpart F of part IV of sub-
chapter A of chapter 1 of such Code to wages paid or in-
curred to any Louisiana storm and flood employee— 
(1) section 51(c)(4) of such Code shall not 
apply, and 
(2) section 51(i)(2) of such Code shall not 
apply with respect to the first hire of such employee 
as a Louisiana storm and flood employee, unless 
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such employee was an employee of the employer on 
the applicable disaster date. 
SEC. 202. EMPLOYEE RETENTION CREDIT FOR EMPLOYERS 
AFFECTED 
BY 
LOUISIANA 
STORMS 
AND 
FLOODING. 
(a) IN GENERAL.—In the case of an eligible em-
ployer, there shall be allowed as a credit against the tax 
imposed by chapter 1 of the Internal Revenue Code of 
1986 for the taxable year an amount equal to 40 percent 
of the qualified wages with respect to each eligible em-
ployee of such employer for such taxable year. For pur-
poses of the preceding sentence, the amount of qualified 
wages which may be taken into account with respect to 
any individual shall not exceed $6,000. 
(b) DEFINITIONS.—For purposes of this section— 
(1) ELIGIBLE EMPLOYER.—The term ‘‘eligible 
employer’’ means any employer— 
(A) which conducted an active trade or 
business on the applicable disaster date, in a 
core disaster area, and 
(B) with respect to whom the trade or 
business described in subparagraph (A) is inop-
erable on or after the applicable disaster date, 
and before January 1, 2018, as a result of 
damage sustained by reason of the severe 
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storms and flooding giving rise to the Presi-
dential declaration described in section 2(1). 
(2) ELIGIBLE EMPLOYEE.—The term ‘‘eligible 
employee’’ means with respect to an eligible em-
ployer an employee whose principal place of employ-
ment on the applicable disaster date, with such eligi-
ble employer was in a core disaster area. 
(3) QUALIFIED WAGES.—The term ‘‘qualified 
wages’’ means wages (as defined in section 51(c)(1) 
of such Code, but without regard to section 
3306(b)(2)(B) of such Code) paid or incurred by an 
eligible employer with respect to an eligible employee 
on or after the applicable disaster date, and before 
January 1, 2018, which occurs during the period— 
(A) beginning on the date on which the 
trade or business described in paragraph (1) 
first became inoperable at the principal place of 
employment of the employee immediately before 
the severe storms and flooding giving rise to the 
Presidential declaration described in section 
2(1), and 
(B) ending on the date on which such 
trade or business has resumed significant oper-
ations at such principal place of employment. 
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Such term shall include wages paid without regard 
to whether the employee performs no services, per-
forms services at a different place of employment 
than such principal place of employment, or per-
forms services at such principal place of employment 
before significant operations have resumed. 
(c) CREDIT
NOT
ALLOWED
FOR
LARGE
BUSI-
NESSES.—The term ‘‘eligible employer’’ shall not include 
any trade or business for any taxable year if such trade 
or business employed an average of more than 200 em-
ployees on business days during the taxable year. 
(d) CERTAIN RULES TO APPLY.—For purposes of 
this section, rules similar to the rules of sections 51(i)(1), 
52, and 280C(a) of such Code shall apply. 
(e) EMPLOYEE NOT TAKEN INTO ACCOUNT MORE 
THAN ONCE.—An employee shall not be treated as an eli-
gible employee for purposes of this section for any period 
with respect to any employer if such employer is allowed 
a credit under section 51 of such Code with respect to 
such employee for such period. 
(f) CREDIT TO BE PART OF GENERAL BUSINESS 
CREDIT.—The credit allowed under this section shall be 
added to the current year business credit under section 
38(b) of such Code and shall be treated as a credit allowed 
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under subpart D of part IV of subchapter A of chapter 
1 of such Code. 
TITLE K—CHARITABLE GIVING 
INCENTIVES 
SEC. 301. TEMPORARY SUSPENSION OF LIMITATIONS ON 
CHARITABLE CONTRIBUTIONS. 
(a) IN GENERAL.—Except as otherwise provided in 
subsection (b), section 170(b) of the Internal Revenue 
Code of 1986 shall not apply to qualified contributions and 
such contributions shall not be taken into account for pur-
poses of applying subsections (b) and (d) of section 170 
of such Code to other contributions. 
(b) TREATMENT OF EXCESS CONTRIBUTIONS.—For 
purposes of section 170 of such Code— 
(1) INDIVIDUALS.—In the case of an indi-
vidual— 
(A) LIMITATION.—Any qualified contribu-
tion shall be allowed only to the extent that the 
aggregate of such contributions does not exceed 
the excess of the taxpayer’s contribution base 
(as defined in subparagraph (G) of section 
170(b)(1) of such Code) over the amount of all 
other charitable contributions allowed under 
such section 170(b)(1). 
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(B) 
CARRYOVER.—If 
the 
aggregate 
amount of qualified contributions made in the 
contribution year (within the meaning of section 
170(d)(1) of such Code) exceeds the limitation 
of subparagraph (A), such excess shall be added 
to the excess described in the portion of sub-
paragraph (A) of such section which precedes 
clause (i) thereof for purposes of applying such 
section. 
(2) CORPORATIONS.—In the case of a corpora-
tion— 
(A) LIMITATION.—Any qualified contribu-
tion shall be allowed only to the extent that the 
aggregate of such contributions does not exceed 
the excess of the taxpayer’s taxable income (as 
determined under paragraph (2) of section 
170(b) of such Code) over the amount of all 
other charitable contributions allowed under 
such paragraph. 
(B) CARRYOVER.—Rules similar to the 
rules of paragraph (1)(B) shall apply for pur-
poses of this paragraph. 
(c) EXCEPTION
TO
OVERALL
LIMITATION
ON 
ITEMIZED DEDUCTIONS.—So much of any deduction al-
lowed under section 170 of such Code as does not exceed 
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the qualified contributions paid during the taxable year 
shall not be treated as an itemized deduction for purposes 
of section 68 of such Code. 
(d) QUALIFIED CONTRIBUTIONS.— 
(1) IN GENERAL.—For purposes of this section, 
the term ‘‘qualified contribution’’ means any chari-
table contribution (as defined in section 170(c) of 
such Code)— 
(A) paid during the period beginning on 
the applicable disaster date, and ending on Au-
gust 31, 2017, in cash to an organization de-
scribed in section 170(b)(1)(A) of such Code 
(other than an organization described in section 
509(a)(3) of such Code), 
(B) in the case of a contribution paid by 
a corporation, such contribution is for relief ef-
forts related to the severe storms and flooding 
giving rise to the Presidential declaration de-
scribed in section 2(1), and 
(C) with respect to which the taxpayer has 
elected the application of this section. 
(2) EXCEPTION.—Such term shall not include a 
contribution if the contribution is for establishment 
of a new, or maintenance in an existing, segregated 
fund or account with respect to which the donor (or 
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any person appointed or designated by such donor) 
has, or reasonably expects to have, advisory privi-
leges with respect to distributions or investments by 
reason of the donor’s status as a donor. 
(3) APPLICATION OF ELECTION TO PARTNER-
SHIPS AND S CORPORATIONS.—In the case of a part-
nership or S corporation, the election under para-
graph (1)(C) shall be made separately by each part-
ner or shareholder. 
SEC. 302. ADDITIONAL EXEMPTION FOR HOUSING LOU-
ISIANA STORM AND FLOOD DISPLACED INDI-
VIDUALS. 
(a) IN GENERAL.—In the case of taxable years of a 
natural person beginning in 2016 or 2017, for purposes 
of the Internal Revenue Code of 1986, taxable income 
shall be reduced by $600 for each Louisiana storm and 
flood displaced individual of the taxpayer for the taxable 
year. 
(b) LIMITATIONS.— 
(1) DOLLAR LIMITATION.—The reduction under 
subsection (a) shall not exceed $2,500, reduced by 
the amount of the reduction under this section for 
all prior taxable years. 
(2) INDIVIDUALS TAKEN INTO ACCOUNT ONLY 
ONCE.—An individual shall not be taken into ac-
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count under subsection (a) if such individual was 
taken into account under such subsection by the tax-
payer for any prior taxable year. 
(3) IDENTIFYING
INFORMATION
REQUIRED.— 
An individual shall not be taken into account under 
subsection (a) for a taxable year unless the taxpayer 
identification number of such individual is included 
on the return of the taxpayer for such taxable year. 
(c) LOUISIANA STORM AND FLOOD DISPLACED INDI-
VIDUAL.—For purposes of this section, the term ‘‘Lou-
isiana storm and flood displaced individual’’ means, with 
respect to any taxpayer for any taxable year, any natural 
person if— 
(1) such person’s principal place of abode on 
the applicable disaster date, was in the Louisiana 
storm and flood disaster area, 
(2)(A) in the case of such an abode located in 
the core disaster area, such person is displaced from 
such abode, or 
(B) in the case of such an abode located outside 
of the core disaster area, such person is displaced 
from such abode, and— 
(i) such abode was damaged by the severe 
storms and flooding giving rise to the Presi-
dential declaration described in section 2(1), or 
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(ii) such person was evacuated from such 
abode by reason of such storms and flooding, 
and 
(3) such person is provided housing free of 
charge by the taxpayer in the principal residence of 
the taxpayer for a period of 60 consecutive days 
which ends in such taxable year. 
Such term shall not include the spouse or any dependent 
of the taxpayer. 
(d) COMPENSATION FOR HOUSING.—No deduction 
shall be allowed under this section if the taxpayer receives 
any rent or other amount (from any source) in connection 
with the providing of such housing. 
SEC. 303. INCREASE IN STANDARD MILEAGE RATE FOR 
CHARITABLE USE OF VEHICLES. 
Notwithstanding section 170(i) of the Internal Rev-
enue Code of 1986, for purposes of computing the deduc-
tion under section 170 of such Code for use of a vehicle 
described in subsection (f)(12)(E)(i) of such section for 
provision of relief during the period beginning on the ap-
plicable disaster date, and ending on December 31, 2017, 
and related to the severe storms and flooding giving rise 
to the Presidential declaration described in section 2(1), 
the standard mileage rate shall be 70 percent of the stand-
ard mileage rate in effect under section 162(a) of such 
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Code at the time of such use. Any increase under this sec-
tion shall be rounded to the next highest cent. 
SEC. 304. MILEAGE REIMBURSEMENTS TO CHARITABLE 
VOLUNTEERS EXCLUDED FROM GROSS IN-
COME. 
(a) IN GENERAL.—For purposes of the Internal Rev-
enue Code of 1986, gross income of an individual for tax-
able years ending on or after the applicable disaster date, 
does not include amounts received, from an organization 
described in section 170(c) of such Code, as reimburse-
ment of operating expenses with respect to use of a pas-
senger automobile for the benefit of such organization in 
connection with providing relief during the period begin-
ning on the applicable disaster date, and ending on De-
cember 31, 2017, and relating to the severe storms and 
flooding giving rise to the Presidential declaration de-
scribed in section 2(1). The preceding sentence shall apply 
only to the extent that the expenses which are reimbursed 
would be deductible under chapter 1 of such Code if sec-
tion 274(d) of such Code were applied— 
(1) by using the standard business mileage rate 
in effect under section 162(a) at the time of such 
use, and 
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(2) as if the individual were an employee of an 
organization not described in section 170(c) of such 
Code. 
(b) 
APPLICATION
TO
VOLUNTEER
SERVICES 
ONLY.—Subsection (a) shall not apply with respect to any 
expenses relating to the performance of services for com-
pensation. 
(c) NO DOUBLE BENEFIT.—No deduction or credit 
shall be allowed under any other provision of such Code 
with respect to the expenses excludable from gross income 
under subsection (a). 
SEC. 305. CHARITABLE DEDUCTION FOR CONTRIBUTIONS 
OF BOOK INVENTORIES TO PUBLIC SCHOOLS. 
(a) IN GENERAL.—For purposes of section 170 of the 
Internal Revenue Code of 1986, subsection (e)(3)(D) shall 
be applied— 
(1) as if clause (iv) thereof applied to the period 
beginning on the applicable disaster date and ending 
on December 31, 2017, and 
(2) to a qualified book contribution to a public 
school located in the core disaster area. 
(b) QUALIFIED BOOK CONTRIBUTION.—For pur-
poses of subsection (a), the term ‘‘qualified book contribu-
tion’’ has the meaning given such term by section 
170(e)(3)(D)(ii) of the Internal Revenue Code of 1986. 
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