Bill117th CongressFiled Jul 22, 2021Taxation
H.R. 4675
Disaster Mitigation and Tax Parity Act of 2021
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jul 22, 2021)
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.
What just happenedJul 22, 2021
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Thompson, Mike [D-CA-5](D-CA)Sponsor
14 cosponsors10 D4 R
14cosponsors1committees3actions4related bills5subjects
- Introduced in HouseJul 22, 2021
- Jul 22, 2021IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jul 22, 2021IntroReferralIntro-H
Introduced in House
- Jul 22, 2021IntroReferral1000
Introduced in House