Tax Waiver

Floor Speech

Date: May 23, 2024
Location: Washington, DC

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Mr. DELUZIO. Madam Speaker, on Tuesday, the large majority of us came together to pass the Federal Disaster Tax Relief Act.

The bill includes a provision to exempt from Federal taxes payments for residents like my constituents who were impacted by the East Palestine train derailment and who received payments from Norfolk Southern Railroad.

This is something I have been pushing for along with many others.

The East Palestine derailment was a disaster for a lot of families in Beaver County, which is just over the State line from our neighbors in Ohio.

It is ridiculous to me that folks who were hurt by this toxic train derailment in their backyard or their farm have to pay taxes on Norfolk Southern's payments to them.

Let's remember: It was the railroad's negligence and incompetence that caused this whole mess in the first place.

I was glad on Tuesday night that we passed a bill to help folks who were hurt.

If the Senate follows suit, as they should, these payments will be exempted from Federal taxes, as they should be.

Let's keep going to hold big railroads accountable and make freight rails safer. Madam Speaker, we can do that by passing my bill, the Railway Safety Act.

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