The relief bill has gone to President Bush for signature. Expect to see some of these provisions in the final relief bill:

Allowing deductions for taxpayers who take in hurricane evacuees ($500 per evacuee up to $2,000)

Exempting from taxation debts cancelled because of the hurricane.

Waiving the 10% penalty for early withdrawal from retirement plans.

Eliminating the 10% floor for casualty losses incurred in the disaster area (including those claimed on amended returns.

Extending the replacement period for non-recognition of gain (for property in the disaster area) of involuntarily converted property).

Raising the mileage rate for charitable use of automobiles (the two bills differ slightly here, with the House at 70% of the standard mileage rate and the Senate at 60%)

Allowing use of 2004 earned income to calculate the child credit and earned income credit for 2005 returns

Creating a tax credit for employers retaining on their payrolls disaster area employees.

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The summary was provided courtesy of The National Association of Enrolled Agents. NAEA www.naea.org

For more details, please read the Bill Summary

And here's an article in the San Francisco Chronicle.