U.S. Senate Bill Would Allow Tax Relief for Arkansas Oil Spill Victims

Arkansas' bipartisan Senate duo hopes to ensure people affected by the roughly 5,000 barrel oil spill from an ExxonMobil pipeline in March won't be taxed on disaster compensation they receive from the company. Sens. John Boozman (R) and Mark Pryor (D) introduced a bill Wednesday that would classify the compensation over the Mayflower, Ark. spill as "qualified disaster relief payment," a summary states.