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H.R. 7979

Disaster Savings and Resilient Construction Act of 2020

Disaster Savings and Resilient Construction Act of 2020

This bill allows a tax credit through 2022 for certain residential or commercial buildings owned by a taxpayer in a disaster area that are designed and constructed to meet resilient construction requirements. The bill defines resilient construction requirements as requirements with respect to buildings in a disaster area that make such buildings resistant to hazards brought on by a major disaster, reduce the duration of a disruptive event, and have the capacity to withstand a potentially disruptive event.

Referred to the House Committee on Ways and Means.

Rep. Pascrell, Bill, Jr. [D-NJ-9](D-NJ)Sponsor
5 cosponsors3 D2 R
5cosponsors1committees3actions6subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Disaster Savings and Resilient Construction Act of 2020 — Informed