Chiquita Canyon Tax Relief Act

Chiquita Canyon Tax Relief Act This bill excludes from gross income, for tax purposes, amounts individuals receive on or after March 1, 2024, as compensation for loss, suffering, or inconvenience resulting from the elevated temperature landfill event occurring beneath the Chiquita Canyon Landfill in Los Angeles County, California, beginning on May 1, 2022. It applies to amounts provided by a government entity; Waste Connections, Inc.; or any subsidiary, insurer, or agent of Waste Connections, Inc. or any related person.

Source: Congressional Research Service (CRS).