Sen. Shelby intros Tornado Tax Relief bill - WBTV 3 News, Weather, Sports, and Traffic for Charlotte, NC

Sen. Shelby intros Tornado Tax Relief bill

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Sen. Richard Shelby Sen. Richard Shelby

Senator Richard Shelby (R-Ala.) is introducing legislation that would use tax relief to aid in the recovery from the tornadoes and flooding that have devastated parts of the Southeast in recent months.

The Southeastern Disaster Tax Relief Act of 2011 would provide assistance to families, businesses and local governments as they recover from the tragic storms, Shelby's office said.

Alabama's junior senator, Jeff Sessions (R), and eight other senators (including two Democrats) are cosponsors of the bill.

"The tornado system that devastated the state of Alabama in late April, as well as other recent natural disasters that have plagued the Southeast, were exceptionally tragic events. However, it is important that we continue pick up the pieces," Shelby said. The bill is designed to provide temporary tax relief to those affected by the storms. 

Shelby says his bill will make Alabama, Arkansas, Georgia, Kentucky, Mississippi, Missouri, North Carolina, Oklahoma, and Tennessee eligible for assistance.

Shelby's office says the bill is "fully offset by rescinding unobligated federal spending, and it will not increase the federal debt." 

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