H.R. 4675 · 117th Congress · House

Disaster Mitigation and Tax Parity Act of 2021

Active· Referred to the House Committee on Ways and Means.
Introduced
Jul 22, 21
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Disaster Mitigation and Tax Parity Act of 2021

This bill excludes from gross income, for income tax purposes, any qualified catastrophe mitigation payment made under a state-based catastrophe loss mitigation program. A qualified catastrophe mitigation payment means any amount received for making improvements to an individual's residence for the sole purpose of reducing the damage that would be done to such residence by a windstorm, earthquake, or wildfire.

Action Timeline

3
  1. JUL 22, 2021IntroReferral

    Introduced in House

  2. JUL 22, 2021IntroReferral

    Introduced in House

  3. JUL 22, 2021IntroReferral

    Referred to the House Committee on Ways and Means.

Committees

1

Ways and Means Committee

hswm00

Referred: Jul 22, 2021

Active