Eye on Hurricane Sandy Recovery Money


Sandy Update - December 13, 2012: U.S. House of Representatives proposes Hurricane Sandy Tax Relief Act of 2012

The proposal includes private activity bond allocation for New York, New Jersey and Connecticut to be used for rebuilding docks, wharves, utilities, infrastructure, as well as some housing.


Sandy Update - December 9, 2012: Senators Schumer (NY) and Menendez (NJ) propose tax package worth billions to help storm victims

A package of tax breaks and tax credits, reportedly modeled on similar legislation that was passed after Hurricane Katrina, is being proposed for businesses and individuals who were impacted by Hurrican Sandy.