(i) Section 411(h) of the FAA Modernization and Re-
form Act of 2012 (49 U.S.C. 42301 prec. note) is amend-
ed by striking ‘‘September 30, 2017’’ and inserting 
‘‘March 31, 2018’’. 
(j) Section 822(k) of the FAA Modernization and Re-
form Act of 2012 (49 U.S.C. 47141 note) is amended by 
striking ‘‘September 30, 2017’’ and inserting ‘‘March 31, 
2018’’. 
(k) Section 2306(b) of the FAA Extension, Safety, 
and Security Act of 2016 (130 Stat. 641) is amended by 
striking ‘‘October 1, 2017’’ and inserting ‘‘April 1, 2018’’. 
SEC. 103. FEDERAL AVIATION ADMINISTRATION OPER-
ATIONS. 
Section 106(k) of title 49, United States Code, is 
amended— 
(1) in paragraph (1)— 
(A) in subparagraph (D) by striking ‘‘and’’ 
at the end; 
(B) in subparagraph (E) by striking the 
period at the end and inserting ‘‘; and’’; and 
(C) by inserting after subparagraph (E) 
the following: 
‘‘(F) $4,999,191,956 for the period begin-
ning on October 1, 2017, and ending on March 
31, 2018.’’; and
(2) in paragraph (3) by inserting ‘‘and for the 
period beginning on October 1, 2017, and ending on 
March 31, 2018’’ after ‘‘fiscal years 2012 through 
2017’’. 
SEC. 104. SMALL COMMUNITY AIR SERVICE. 
(a) ESSENTIAL AIR SERVICE AUTHORIZATION.—Sec-
tion 41742(a)(2) of title 49, United States Code, is 
amended by striking ‘‘and $175,000,000 for each of fiscal 
years 2016 and 2017’’ and inserting ‘‘$175,000,000 for 
each of fiscal years 2016 and 2017, and $74,794,521 for 
the period beginning on October 1, 2017, and ending on 
March 31, 2018,’’. 
(b) AIRPORTS NOT RECEIVING SUFFICIENT SERV-
ICE.—Section 41743(e)(2) of title 49, United States Code, 
is amended by inserting ‘‘and $4,986,301 for the period 
beginning on October 1, 2017, and ending on March 31, 
2018,’’ after ‘‘fiscal years 2012 through 2017’’. 
SEC. 105. AIR NAVIGATION FACILITIES AND EQUIPMENT. 
Section 48101(a) of title 49, United States Code, is 
amended by adding at the end the following: 
‘‘(6) $1,423,589,041 for the period beginning 
on October 1, 2017, and ending on March 31, 
2018.’’.
SEC. 106. RESEARCH, ENGINEERING, AND DEVELOPMENT. 
Section 48102(a) of title 49, United States Code, is 
amended— 
(1) in paragraph (8) by striking ‘‘and’’ at the 
end; 
(2) in paragraph (9) by striking the period at 
the end and inserting ‘‘; and’’; and 
(3) by adding at the end the following: 
‘‘(10) $88,008,219 for the period beginning on 
October 1, 2017 and ending on March 31, 2018.’’. 
SEC. 107. FUNDING FOR AVIATION PROGRAMS. 
(a) IN GENERAL.—Section 48114 of title 49, United 
States Code, is amended— 
(1) in subsection (a)(2) by striking ‘‘2017’’ and 
inserting ‘‘2018’’; and 
(2) in subsection (c)(2) by striking ‘‘2017’’ and 
inserting ‘‘2018’’. 
(b) COMPLIANCE WITH FUNDING REQUIREMENTS.— 
The budget authority authorized in this title, including the 
amendments made by this title, shall be deemed to satisfy 
the requirements of subsections (a)(1)(B) and (a)(2) of 
section 48114 of title 49, United States Code, for the pe-
riod beginning on October 1, 2017, and ending on March 
31, 2018.
TITLE II—AVIATION REVENUE 
PROVISIONS 
SEC. 201. EXPENDITURE AUTHORITY FROM AIRPORT AND 
AIRWAY TRUST FUND. 
(a) IN GENERAL.—Section 9502(d)(1) of the Inter-
nal Revenue Code of 1986 is amended— 
(1) in the matter preceding subparagraph (A) 
by striking ‘‘October 1, 2017’’ and inserting ‘‘April 
1, 2018’’; and 
(2) in subparagraph (A) by striking the semi-
colon at the end and inserting ‘‘or the Disaster Tax 
Relief and Airport and Airway Extension Act of 
2017;’’. 
(b) CONFORMING AMENDMENT.—Section 9502(e)(2) 
of such Code is amended by striking ‘‘October 1, 2017’’ 
and inserting ‘‘April 1, 2018’’. 
SEC. 202. EXTENSION OF TAXES FUNDING AIRPORT AND 
AIRWAY TRUST FUND. 
(a) FUEL TAXES.—Section 4081(d)(2)(B) of the In-
ternal Revenue Code of 1986 is amended by striking ‘‘Sep-
tember 30, 2017’’ and inserting ‘‘March 31, 2018’’. 
(b) TICKET TAXES.— 
(1) PERSONS.—Section 4261(k)(1)(A)(ii) of 
such Code is amended by striking ‘‘September 30, 
2017’’ and inserting ‘‘March 31, 2018’’.
after fiscal year 2021, $270,000,000’’ and inserting ‘‘dur-
ing and after fiscal year 2021, $220,000,000’’. 
TITLE 
IV—DEVELOPMENT 
OF 
PRIVATE FLOOD INSURANCE 
MARKET 
SEC. 401. PRIVATE FLOOD INSURANCE. 
(a) FLOOD INSURANCE MANDATORY PURCHASE RE-
QUIREMENT.— 
(1) AMOUNT AND TERM OF COVERAGE.—Sec-
tion 102 of the Flood Disaster Protection Act of 
1973 (42 U.S.C. 4012a) is amended by striking 
‘‘Sec. 102. (a)’’ and all that follows through the end 
of subsection (a) and inserting the following: 
‘‘SEC. 102. (a) AMOUNT AND TERM OF COVERAGE.— 
After the expiration of sixty days following the date of the 
enactment of this Act, no Federal officer or agency shall 
approve any financial assistance for acquisition or con-
struction purposes for use in any area that has been iden-
tified by the Administrator as an area having special flood 
hazards and in which the sale of flood insurance has been 
made available under the National Flood Insurance Act 
of 1968, unless the building or mobile home and any per-
sonal property to which such financial assistance relates 
is covered by flood insurance: Provided, That the amount 
of flood insurance (1) in the case of Federal flood insur-
ance, is at least equal to the development or project cost 
of the building, mobile home, or personal property (less 
estimated land cost), the outstanding principal balance of 
the loan, or the maximum limit of Federal flood insurance 
coverage made available with respect to the particular type 
of property, whichever is less; or (2) in the case of private 
flood insurance, is at least equal to the development or 
project cost of the building, mobile home, or personal 
property (less estimated land cost), the outstanding prin-
cipal balance of the loan, or the maximum limit of Federal 
flood insurance coverage made available with respect to 
the particular type of property, whichever is less: Provided 
further, That if the financial assistance provided is in the 
form of a loan or an insurance or guaranty of a loan, the 
amount of flood insurance required need not exceed the 
outstanding principal balance of the loan and need not be 
required beyond the term of the loan. The requirement 
of maintaining flood insurance shall apply during the life 
of the property, regardless of transfer of ownership of such 
property.’’. 
(2) REQUIREMENT
FOR
MORTGAGE
LOANS.— 
Subsection (b) of section 102 of the Flood Disaster 
Protection Act of 1973 (42 U.S.C. 4012a(b)) is 
amended— 
(A) by striking paragraph (7);
(B) by redesignating paragraph (6) as 
paragraph (7); 
(C) by striking the subsection designation 
and all that follows through the end of para-
graph (5) and inserting the following: 
‘‘(b) REQUIREMENT FOR MORTGAGE LOANS.— 
‘‘(1) REGULATED
LENDING
INSTITUTIONS.— 
Each Federal entity for lending regulation (after 
consultation and coordination with the Financial In-
stitutions Examination Council established under the 
Federal Financial Institutions Examination Council 
Act of 1974) shall by regulation direct regulated 
lending institutions not to make, increase, extend, or 
renew any loan secured by improved real estate or 
a mobile home located or to be located in an area 
that has been identified by the Administrator as an 
area having special flood hazards and in which flood 
insurance has been made available under the Na-
tional Flood Insurance Act of 1968, unless the 
building or mobile home and any personal property 
securing such loan is covered for the term of the 
loan by flood insurance: Provided, That the amount 
of flood insurance (A) in the case of Federal flood 
insurance, is at least equal to the outstanding prin-
cipal balance of the loan or the maximum limit of
Federal flood insurance coverage made available 
with respect to the particular type of property, 
whichever is less; or (B) in the case of private flood 
insurance, is at least equal to the outstanding prin-
cipal balance of the loan or the maximum limit of 
Federal flood insurance coverage made available 
with respect to the particular type of property, 
whichever is less. 
‘‘(2) FEDERAL AGENCY LENDERS AND MORT-
GAGE INSURANCE AND GUARANTEE AGENCIES.— 
‘‘(A) FEDERAL
AGENCY
LENDERS.—A 
Federal agency lender may not make, increase, 
extend, or renew any loan secured by improved 
real estate or a mobile home located or to be lo-
cated in an area that has been identified by the 
Administrator as an area having special flood 
hazards and in which flood insurance has been 
made available under the National Flood Insur-
ance Act of 1968, unless the building or mobile 
home and any personal property securing such 
loan is covered for the term of the loan by flood 
insurance in accordance with paragraph (1). 
Each Federal agency lender may issue any reg-
ulations necessary to carry out this paragraph. 
Such regulations shall be consistent with and
substantially identical to the regulations issued 
under paragraph (1). 
‘‘(B) OTHER FEDERAL MORTGAGE ENTI-
TIES.— 
‘‘(i) 
COVERAGE
REQUIREMENTS.— 
Each covered Federal mortgage entity 
shall implement procedures reasonably de-
signed to ensure that, for any loan that— 
‘‘(I) is secured by improved real 
estate or a mobile home located in an 
area that has been identified, at the 
time of the origination of the loan or 
at any time during the term of the 
loan, by the Administrator as an area 
having special flood hazards and in 
which flood insurance is available 
under the National Flood Insurance 
Act of 1968, and 
‘‘(II) is made, insured, held, or 
guaranteed by such entity, or backs or 
on which is based any trust certificate 
or other security for which such entity 
guarantees the timely payment of 
principal and interest,
the building or mobile home and any per-
sonal property securing the loan is covered 
for the term of the loan by flood insurance 
in the amount provided in paragraph (1). 
‘‘(ii) DEFINITION.—For purposes of 
this subparagraph, the term ‘covered Fed-
eral mortgage entity’ means— 
‘‘(I) the Secretary of Housing 
and Urban Development, with respect 
to mortgages insured under the Na-
tional Housing Act; 
‘‘(II) the Secretary of Agri-
culture, with respect to loans made, 
insured, or guaranteed under title V 
of the Housing Act of 1949; and 
‘‘(III) the Government National 
Mortgage Association. 
‘‘(C) REQUIREMENT TO ACCEPT FLOOD IN-
SURANCE.—Each Federal agency lender and 
each covered Federal mortgage entity shall ac-
cept flood insurance as satisfaction of the flood 
insurance coverage requirement under subpara-
graph (A) or (B), respectively, if the flood in-
surance coverage meets the requirements for 
coverage under such subparagraph and the re-
provided meets the requirements for coverage under 
that paragraph and the requirements relating to fi-
nancial strength issued pursuant to paragraph (4). 
‘‘(4) REQUIREMENTS
REGARDING
FINANCIAL 
STRENGTH.—The Director of the Federal Housing 
Finance Agency, in consultation with the Federal 
National Mortgage Association, the Federal Home 
Loan Mortgage Corporation, the Secretary of Hous-
ing and Urban Development, the Government Na-
tional Mortgage Association, and the Secretary of 
Agriculture shall develop and implement require-
ments relating to the financial strength of private 
insurance companies from which such entities and 
agencies will accept private flood insurance, provided 
that such requirements shall not affect or conflict 
with any State law, regulation, or procedure con-
cerning the regulation of the business of insurance. 
‘‘(5) APPLICABILITY.— 
‘‘(A) EXISTING
COVERAGE.—Except as 
provided in subparagraph (B), paragraph (1) 
shall apply on the date of enactment of the Rie-
gle Community Development and Regulatory 
Improvement Act of 1994. 
‘‘(B) NEW
COVERAGE.—Paragraphs (2) 
and (3) shall apply only with respect to any
loan made, increased, extended, or renewed 
after the expiration of the 1-year period begin-
ning on the date of enactment of the Riegle 
Community Development and Regulatory Im-
provement Act of 1994. Paragraph (1) shall 
apply with respect to any loan made, increased, 
extended, or renewed by any lender supervised 
by the Farm Credit Administration only after 
the expiration of the period under this subpara-
graph. 
‘‘(C) CONTINUED
EFFECT
OF
REGULA-
TIONS.—Notwithstanding any other provision of 
this subsection, the regulations to carry out 
paragraph (1), as in effect immediately before 
the date of enactment of the Riegle Community 
Development and Regulatory Improvement Act 
of 1994, shall continue to apply until the regu-
lations issued to carry out paragraph (1) as 
amended by section 522(a) of such Act take ef-
fect. 
‘‘(6) RULE OF CONSTRUCTION.—Except as oth-
erwise specified, any reference to flood insurance in 
this section shall be considered to include Federal 
flood insurance and private flood insurance. Nothing 
in this subsection shall be construed to supersede or
limit the authority of a Federal entity for lending 
regulation, the Federal Housing Finance Agency, a 
Federal agency lender, a covered Federal mortgage 
entity (as such term is defined in paragraph 
(2)(B)(ii)), the Federal National Mortgage Associa-
tion, or the Federal Home Loan Mortgage Corpora-
tion to establish requirements relating to the finan-
cial strength of private insurance companies from 
which the entity or agency will accept private flood 
insurance, provided that such requirements shall not 
affect or conflict with any State law, regulation, or 
procedure concerning the regulation of the business 
of insurance.’’; and 
(D) by adding at the end the following new 
paragraphs: 
‘‘(8) DEFINITIONS.—In this section: 
‘‘(A) FLOOD INSURANCE.—The term ‘flood 
insurance’ means— 
‘‘(i) Federal flood insurance; and 
‘‘(ii) private flood insurance. 
‘‘(B) FEDERAL FLOOD INSURANCE.—The 
term ‘Federal flood insurance’ means an insur-
ance policy made available under the National 
Flood Insurance Act of 1968 (42 U.S.C. 4001 
et seq.).
‘‘(C) PRIVATE
FLOOD
INSURANCE.—The 
term ‘private flood insurance’ means an insur-
ance policy that— 
‘‘(i) is issued by an insurance com-
pany that is— 
‘‘(I) licensed, admitted, or other-
wise approved to engage in the busi-
ness of insurance in the State in 
which the insured building is located, 
by the insurance regulator of that 
State; or 
‘‘(II) eligible as a nonadmitted 
insurer to provide insurance in the 
home State of the insured, in accord-
ance with sections 521 through 527 of 
the Dodd-Frank Wall Street Reform 
and Consumer Protection Act (15 
U.S.C. 8201 through 8206); 
‘‘(ii) is issued by an insurance com-
pany that is not otherwise disapproved as 
a surplus lines insurer by the insurance 
regulator of the State in which the prop-
erty to be insured is located; and
‘‘(iii) provides flood insurance cov-
erage that complies with the laws and reg-
ulations of that State. 
‘‘(D) STATE.—The term ‘State’ means any 
State of the United States, the District of Co-
lumbia, the Commonwealth of Puerto Rico, 
Guam, the Northern Mariana Islands, the Vir-
gin Islands, and American Samoa.’’. 
(b) EFFECT OF PRIVATE FLOOD INSURANCE COV-
ERAGE ON CONTINUOUS COVERAGE REQUIREMENTS.— 
Section 1308 of the National Flood Insurance Act of 1968 
(42 U.S.C. 4015) is amended by adding at the end the 
following: 
‘‘(n) EFFECT OF PRIVATE FLOOD INSURANCE COV-
ERAGE ON CONTINUOUS COVERAGE REQUIREMENTS.— 
For purposes of applying any statutory, regulatory, or ad-
ministrative continuous coverage requirement, including 
under section 1307(g)(1), the Administrator shall consider 
any period during which a property was continuously cov-
ered by private flood insurance (as defined in section 
102(b)(8) of the Flood Disaster Protection Act of 1973 
(42 U.S.C. 4012a(b)(8))) to be a period of continuous cov-
erage.’’.
TITLE V—TAX RELIEF FOR HUR-
RICANES HARVEY, IRMA, AND 
MARIA 
SEC. 501. DEFINITIONS. 
(a) HURRICANE HARVEY DISASTER ZONE AND DIS-
ASTER AREA.—For purposes of this title— 
(1) HURRICANE HARVEY DISASTER ZONE.—The 
term ‘‘Hurricane Harvey disaster zone’’ means that 
portion of the Hurricane Harvey disaster area deter-
mined by the President to warrant individual or in-
dividual and public assistance from the Federal Gov-
ernment under the Robert T. Stafford Disaster Re-
lief and Emergency Assistance Act by reason of 
Hurricane Harvey. 
(2) HURRICANE HARVEY DISASTER AREA.—The 
term ‘‘Hurricane Harvey disaster area’’ means an 
area with respect to which a major disaster has been 
declared by the President before September 21, 
2017, under section 401 of such Act by reason of 
Hurricane Harvey. 
(b) HURRICANE IRMA DISASTER ZONE AND DIS-
ASTER AREA.—For purposes of this title— 
(1) HURRICANE
IRMA
DISASTER
ZONE.—The 
term ‘‘Hurricane Irma disaster zone’’ means that 
portion of the Hurricane Irma disaster area deter-
mined by the President to warrant individual or in-
dividual and public assistance from the Federal Gov-
ernment under such Act by reason of Hurricane 
Irma. 
(2) HURRICANE
IRMA
DISASTER
AREA.—The 
term ‘‘Hurricane Irma disaster area’’ means an area 
with respect to which a major disaster has been de-
clared by the President before September 21, 2017, 
under section 401 of such Act by reason of Hurri-
cane Irma. 
(c) HURRICANE MARIA DISASTER ZONE AND DIS-
ASTER AREA.—For purposes of this title— 
(1) HURRICANE MARIA DISASTER ZONE.—The 
term ‘‘Hurricane Maria disaster zone’’ means that 
portion of the Hurricane Maria disaster area deter-
mined by the President to warrant individual or in-
dividual and public assistance from the Federal Gov-
ernment under such Act by reason of Hurricane 
Maria. 
(2) HURRICANE MARIA DISASTER AREA.—The 
term ‘‘Hurricane Maria disaster area’’ means an 
area with respect to which a major disaster has been 
declared by the President before September 21, 
2017, under section 401 of such Act by reason of 
Hurricane Maria.
SEC. 502. SPECIAL DISASTER-RELATED RULES FOR USE OF 
RETIREMENT FUNDS. 
(a) TAX-FAVORED WITHDRAWALS FROM RETIRE-
MENT PLANS.— 
(1) IN GENERAL.—Section 72(t) of the Internal 
Revenue Code of 1986 shall not apply to any quali-
fied hurricane distribution. 
(2) AGGREGATE DOLLAR LIMITATION.— 
(A) IN GENERAL.—For purposes of this 
subsection, the aggregate amount of distribu-
tions received by an individual which may be 
treated as qualified hurricane distributions for 
any taxable year shall not exceed the excess (if 
any) of— 
(i) $100,000, over 
(ii) the aggregate amounts treated as 
qualified hurricane distributions received 
by such individual for all prior taxable 
years. 
(B) TREATMENT
OF
PLAN
DISTRIBU-
TIONS.—If a distribution to an individual would 
(without regard to subparagraph (A)) be a 
qualified hurricane 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
hurricane distribution, unless the aggregate 
amount of such distributions from all plans 
maintained by the employer (and any member 
of any controlled group which includes the em-
ployer) to such individual exceeds $100,000. 
(C) CONTROLLED GROUP.—For purposes 
of subparagraph (B), the term ‘‘controlled 
group’’ means any group treated as a single 
employer under subsection (b), (c), (m), or (o) 
of section 414 of the Internal Revenue Code of 
1986. 
(3) AMOUNT DISTRIBUTED MAY BE REPAID.— 
(A) IN GENERAL.—Any individual who re-
ceives a qualified hurricane distribution may, at 
any time during the 3-year period beginning on 
the day after the date on which such distribu-
tion was received, make one or more contribu-
tions in an aggregate amount not to exceed the 
amount of such distribution to an eligible retire-
ment plan of which such individual is a bene-
ficiary and to which a rollover 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 the Internal Revenue Code of 
1986, as the case may be.
(B) TREATMENT OF REPAYMENTS OF DIS-
TRIBUTIONS
FROM
ELIGIBLE
RETIREMENT 
PLANS
OTHER
THAN
IRAS.—For purposes of 
the Internal Revenue Code of 1986, if a con-
tribution is made pursuant to subparagraph (A) 
with respect to a qualified hurricane distribu-
tion from an eligible retirement plan other than 
an individual retirement plan, then the taxpayer 
shall, to the extent of the amount of the con-
tribution, be treated as having received the 
qualified hurricane distribution in an eligible 
rollover distribution (as defined in section 
402(c)(4) of such Code) and as having trans-
ferred the amount to the eligible retirement 
plan in a direct trustee to trustee transfer with-
in 60 days of the distribution. 
(C) TREATMENT
OF
REPAYMENTS
FOR 
DISTRIBUTIONS FROM IRAS.—For purposes of 
the Internal Revenue Code of 1986, if a con-
tribution is made pursuant to subparagraph (A) 
with respect to a qualified hurricane distribu-
tion from an individual retirement plan (as de-
fined by section 7701(a)(37) of such Code), 
then, to the extent of the amount of the con-
tribution, the qualified hurricane distribution
shall be treated as a distribution described 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. 
(4) DEFINITIONS.—For purposes of this sub-
section— 
(A) QUALIFIED
HURRICANE
DISTRIBU-
TION.—Except as provided in paragraph (2), 
the term ‘‘qualified hurricane distribution’’ 
means— 
(i) any distribution from an eligible 
retirement plan made on or after August 
23, 2017, and before January 1, 2019, to 
an individual whose principal place of 
abode on August 23, 2017, is located in 
the Hurricane Harvey disaster area and 
who has sustained an economic loss by rea-
son of Hurricane Harvey, 
(ii) any distribution (which is not de-
scribed in clause (i)) from an eligible re-
tirement plan made on or after September 
4, 2017, and before January 1, 2019, to 
an individual whose principal place of 
abode on September 4, 2017, is located in
the Hurricane Irma disaster area and who 
has sustained an economic loss by reason 
of Hurricane Irma, and 
(iii) any distribution (which is not de-
scribed in clause (i) or (ii)) from an eligi-
ble retirement plan made on or after Sep-
tember 16, 2017, and before January 1, 
2019, to an individual whose principal 
place of abode on September 16, 2017, is 
located in the Hurricane Maria disaster 
area and who has sustained an economic 
loss by reason of Hurricane Maria. 
(B) ELIGIBLE
RETIREMENT
PLAN.—The 
term ‘‘eligible retirement plan’’ shall have the 
meaning 
given 
such 
term 
by 
section 
402(c)(8)(B) of the Internal Revenue Code of 
1986. 
(5) INCOME INCLUSION SPREAD OVER 3-YEAR 
PERIOD.— 
(A) IN
GENERAL.—In the case of any 
qualified hurricane distribution, unless the tax-
payer elects not to have this paragraph apply 
for any taxable year, any amount required to be 
included in gross income for such taxable year
shall be so included ratably over the 3-taxable- 
year period beginning with such taxable year. 
(B) SPECIAL RULE.—For purposes of sub-
paragraph (A), rules similar to the rules of sub-
paragraph (E) of section 408A(d)(3) of the In-
ternal Revenue Code of 1986 shall apply. 
(6) SPECIAL RULES.— 
(A) EXEMPTION OF DISTRIBUTIONS FROM 
TRUSTEE TO TRUSTEE TRANSFER AND WITH-
HOLDING
RULES.—For purposes of sections 
401(a)(31), 402(f), and 3405 of the Internal 
Revenue Code of 1986, qualified hurricane dis-
tributions shall not be treated as eligible roll-
over distributions. 
(B) QUALIFIED
HURRICANE
DISTRIBU-
TIONS TREATED AS MEETING PLAN DISTRIBU-
TION REQUIREMENTS.—For purposes the Inter-
nal Revenue Code of 1986, a qualified hurri-
cane distribution shall be treated as meeting 
the requirements of sections 401(k)(2)(B)(i), 
403(b)(7)(A)(ii), 403(b)(11), and 457(d)(1)(A) 
of such Code. 
(b) RECONTRIBUTIONS
OF
WITHDRAWALS
FOR 
HOME PURCHASES.— 
(1) RECONTRIBUTIONS.—
(A) IN GENERAL.—Any individual who re-
ceived a qualified distribution may, during the 
period beginning on August 23, 2017, and end-
ing on February 28, 2018, make one or more 
contributions in an aggregate amount not to ex-
ceed the amount of such qualified distribution 
to an eligible retirement plan (as defined in sec-
tion 402(c)(8)(B) of the Internal Revenue Code 
of 1986) of which such individual is a bene-
ficiary 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. 
(B) TREATMENT OF REPAYMENTS.—Rules 
similar to the rules of subparagraphs (B) and 
(C) of subsection (a)(3) shall apply for purposes 
of this subsection. 
(2) QUALIFIED DISTRIBUTION.—For purposes 
of this subsection, the term ‘‘qualified distribution’’ 
means any distribution— 
(A) 
described 
in 
section 
401(k)(2)(B)(i)(IV), 403(b)(7)(A)(ii) (but only 
to the extent such distribution relates to finan-
cial hardship), 403(b)(11)(B), or 72(t)(2)(F), 
of the Internal Revenue Code of 1986,
(B) received after February 28, 2017, and 
before September 21, 2017, and 
(C) which was to be used to purchase or 
construct a principal residence in the Hurricane 
Harvey disaster area, the Hurricane Irma dis-
aster area, or the Hurricane Maria disaster 
area, but which was not so purchased or con-
structed on account of Hurricane Harvey, Hur-
ricane Irma, or Hurricane Maria. 
(c) LOANS FROM QUALIFIED PLANS.— 
(1) INCREASE IN LIMIT ON LOANS NOT TREAT-
ED
AS
DISTRIBUTIONS.—In the case of any loan 
from a qualified employer plan (as defined under 
section 72(p)(4) of the Internal Revenue Code of 
1986) to a qualified individual made during the pe-
riod beginning on the date of the enactment of this 
Act and ending on December 31, 2018— 
(A) clause (i) of section 72(p)(2)(A) of 
such Code shall be applied by substituting 
‘‘$100,000’’ for ‘‘$50,000’’, and 
(B) clause (ii) of such section shall be ap-
plied by substituting ‘‘the present value of the 
nonforfeitable accrued benefit of the employee 
under the plan’’ for ‘‘one-half of the present
value of the nonforfeitable accrued benefit of 
the employee under the plan’’. 
(2) DELAY OF REPAYMENT.—In the case of a 
qualified individual with an outstanding loan on or 
after the qualified beginning date from a qualified 
employer plan (as defined in section 72(p)(4) of the 
Internal Revenue Code of 1986)— 
(A) if the due date pursuant to subpara-
graph (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 
qualified beginning date and ending on Decem-
ber 31, 2018, such due date shall be delayed for 
1 year, 
(B) any subsequent repayments with re-
spect to any such loan shall be appropriately 
adjusted to reflect the delay in the due date 
under paragraph (1) and any interest accruing 
during such delay, and 
(C) 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 subparagraph (A) shall be dis-
regarded.
(3) QUALIFIED INDIVIDUAL.—For purposes of 
this subsection— 
(A) IN GENERAL.—The term ‘‘qualified in-
dividual’’ means any qualified Hurricane Har-
vey individual, any qualified Hurricane Irma in-
dividual, and any qualified Hurricane Maria in-
dividual. 
(B) QUALIFIED HURRICANE HARVEY INDI-
VIDUAL.—The term ‘‘qualified Hurricane Har-
vey individual’’ means an individual whose prin-
cipal place of abode on August 23, 2017, is lo-
cated in the Hurricane Harvey disaster area 
and who has sustained an economic loss by rea-
son of Hurricane Harvey. 
(C) QUALIFIED
HURRICANE
IRMA
INDI-
VIDUAL.—The term ‘‘qualified Hurricane Irma 
individual’’ means an individual (other than a 
qualified Hurricane Harvey individual) whose 
principal place of abode on September 4, 2017, 
is located in the Hurricane Irma disaster area 
and who has sustained an economic loss by rea-
son of Hurricane Irma. 
(D) QUALIFIED HURRICANE MARIA INDI-
VIDUAL.—The term ‘‘qualified Hurricane Maria 
individual’’ means an individual (other than a
qualified Hurricane Harvey individual or a 
qualified Hurricane Irma individual) whose 
principal place of abode on September 16, 
2017, is located in the Hurricane Maria dis-
aster area and who has sustained an economic 
loss by reason of Hurricane Maria. 
(4) QUALIFIED
BEGINNING
DATE.—For pur-
poses of this subsection, the qualified beginning date 
is— 
(A) in the case of any qualified Hurricane 
Harvey individual, August 23, 2017, 
(B) in the case of any qualified Hurricane 
Irma individual, September 4, 2017, and 
(C) in the case of any qualified Hurricane 
Maria individual, September 16, 2017. 
(d) PROVISIONS
RELATING
TO
PLAN
AMEND-
MENTS.— 
(1) IN GENERAL.—If this subsection applies to 
any amendment to any plan or annuity contract, 
such plan or contract shall be treated as being oper-
ated in accordance with the terms of the plan during 
the period described in paragraph (2)(B)(i). 
(2) AMENDMENTS TO WHICH SUBSECTION AP-
PLIES.—
(A) IN
GENERAL.—This subsection shall 
apply to any amendment to any plan or annuity 
contract which is made— 
(i) pursuant to any provision of this 
section, or pursuant to any regulation 
issued by the Secretary or the Secretary of 
Labor under any provision of this section, 
and 
(ii) on or before the last day of the 
first plan year beginning on or after Janu-
ary 1, 2019, or such later date as the Sec-
retary may prescribe. 
In the case of a governmental plan (as defined 
in section 414(d) of the Internal Revenue Code 
of 1986), clause (ii) shall be applied by sub-
stituting the date which is 2 years after the 
date otherwise applied under clause (ii). 
(B) CONDITIONS.—This subsection shall 
not apply to any amendment unless— 
(i) during the period— 
(I) beginning on the date that 
this section or the regulation de-
scribed in subparagraph (A)(i) takes 
effect (or in the case of a plan or con-
tract amendment not required by this
section or such regulation, the effec-
tive date specified by the plan), and 
(II) ending on the date described 
in subparagraph (A)(ii) (or, if earlier, 
the date the plan or contract amend-
ment is adopted), 
the plan or contract is operated as if such plan 
or contract amendment were in effect, and 
(ii) such plan or contract amendment 
applies retroactively for such period. 
SEC. 503. DISASTER-RELATED EMPLOYMENT RELIEF. 
(a) EMPLOYEE RETENTION CREDIT FOR EMPLOYERS 
AFFECTED BY HURRICANE HARVEY.— 
(1) IN GENERAL.—For purposes of section 38 
of the Internal Revenue Code of 1986, in the case 
of an eligible employer, the Hurricane Harvey em-
ployee retention credit shall be treated as a credit 
listed in subsection (b) of such section. For purposes 
of this subsection, the Hurricane Harvey employee 
retention credit for any taxable year is an amount 
equal to 40 percent of the qualified wages with re-
spect to each eligible employee of such employer for 
such taxable year. For purposes 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. 
(2) DEFINITIONS.—For purposes of this sub-
section— 
(A) ELIGIBLE EMPLOYER.—The term ‘‘eli-
gible employer’’ means any employer— 
(i) which conducted an active trade or 
business on August 23, 2017, in the Hur-
ricane Harvey disaster zone, and 
(ii) with respect to whom the trade or 
business described in clause (i) is inoper-
able on any day after August 23, 2017, 
and before January 1, 2018, as a result of 
damage sustained by reason of Hurricane 
Harvey. 
(B) ELIGIBLE EMPLOYEE.—The term ‘‘eli-
gible employee’’ means with respect to an eligi-
ble employer an employee whose principal place 
of employment on August 23, 2017, with such 
eligible employer was in the Hurricane Harvey 
disaster zone. 
(C) QUALIFIED WAGES.—The term ‘‘quali-
fied wages’’ means wages (as defined in section 
51(c)(1) of the Internal Revenue Code of 1986, 
but without regard to section 3306(b)(2)(B) of
such Code) paid or incurred by an eligible em-
ployer with respect to an eligible employee on 
any day after August 23, 2017, and before Jan-
uary 1, 2018, which occurs during the period— 
(i) beginning on the date on which the 
trade or business described in subpara-
graph (A) first became inoperable at the 
principal place of employment of the em-
ployee immediately before Hurricane Har-
vey, and 
(ii) ending on the date on which such 
trade or business has resumed significant 
operations at such principal place of em-
ployment. 
Such term shall include wages paid without re-
gard to whether the employee performs no serv-
ices, performs services at a different place of 
employment than such principal place of em-
ployment, or performs services at such principal 
place of employment before significant oper-
ations have resumed. 
(3) CERTAIN RULES TO APPLY.—For purposes 
of this subsection, rules similar to the rules of sec-
tions 51(i)(1) and 52, of the Internal Revenue Code 
of 1986, shall apply.
(4) EMPLOYEE
NOT
TAKEN
INTO
ACCOUNT 
MORE THAN ONCE.—An employee shall not be treat-
ed as an eligible employee for purposes of this sub-
section for any period with respect to any employer 
if such employer is allowed a credit under section 51 
of the Internal Revenue Code of 1986 with respect 
to such employee for such period. 
(b) EMPLOYEE RETENTION CREDIT FOR EMPLOYERS 
AFFECTED BY HURRICANE IRMA.— 
(1) IN GENERAL.—For purposes of section 38 
of the Internal Revenue Code of 1986, in the case 
of an eligible employer, the Hurricane Irma em-
ployee retention credit shall be treated as a credit 
listed in subsection (b) of such section. For purposes 
of this subsection, the Hurricane Irma employee re-
tention credit for any taxable year is an amount 
equal to 40 percent of the qualified wages with re-
spect to each eligible employee of such employer for 
such taxable year. For purposes 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. 
(2) DEFINITIONS.—For purposes of this sub-
section—
(A) ELIGIBLE EMPLOYER.—The term ‘‘eli-
gible employer’’ means any employer— 
(i) which conducted an active trade or 
business on September 4, 2017, in the 
Hurricane Irma disaster zone, and 
(ii) with respect to whom the trade or 
business described in clause (i) is inoper-
able on any day after September 4, 2017, 
and before January 1, 2018, as a result of 
damage sustained by reason of Hurricane 
Irma. 
(B) ELIGIBLE EMPLOYEE.—The term ‘‘eli-
gible employee’’ means with respect to an eligi-
ble employer an employee whose principal place 
of employment on September 4, 2017, with 
such eligible employer was in the Hurricane 
Irma disaster zone. 
(C) QUALIFIED WAGES.—The term ‘‘quali-
fied wages’’ means wages (as defined in section 
51(c)(1) of the Internal Revenue Code of 1986, 
but without regard to section 3306(b)(2)(B) of 
such Code) paid or incurred by an eligible em-
ployer with respect to an eligible employee on 
any day after September 4, 2017, and before
January 1, 2018, which occurs during the pe-
riod— 
(i) beginning on the date on which the 
trade or business described in subpara-
graph (A) first became inoperable at the 
principal place of employment of the em-
ployee immediately before Hurricane Irma, 
and 
(ii) ending on the date on which such 
trade or business has resumed significant 
operations at such principal place of em-
ployment. 
Such term shall include wages paid without re-
gard to whether the employee performs no serv-
ices, performs services at a different place of 
employment than such principal place of em-
ployment, or performs services at such principal 
place of employment before significant oper-
ations have resumed. 
(3) CERTAIN RULES TO APPLY.—For purposes 
of this subsection, rules similar to the rules of sec-
tions 51(i)(1) and 52, of the Internal Revenue Code 
of 1986, shall apply. 
(4) EMPLOYEE
NOT
TAKEN
INTO
ACCOUNT 
MORE THAN ONCE.—An employee shall not be treat-
ed as an eligible employee for purposes of this sub-
section for any period with respect to any employer 
if such employer is allowed a credit under subsection 
(a), or section 51 of the Internal Revenue Code of 
1986, with respect to such employee for such period. 
(c) EMPLOYEE RETENTION CREDIT FOR EMPLOYERS 
AFFECTED BY HURRICANE MARIA.— 
(1) IN GENERAL.—For purposes of section 38 
of the Internal Revenue Code of 1986, in the case 
of an eligible employer, the Hurricane Maria em-
ployee retention credit shall be treated as a credit 
listed in subsection (b) of such section. For purposes 
of this subsection, the Hurricane Maria employee re-
tention credit for any taxable year is an amount 
equal to 40 percent of the qualified wages with re-
spect to each eligible employee of such employer for 
such taxable year. For purposes 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. 
(2) DEFINITIONS.—For purposes of this sub-
section— 
(A) ELIGIBLE EMPLOYER.—The term ‘‘eli-
gible employer’’ means any employer—