S.930: Hurricane and Tornado Mitigation Investment Act of 2007

About This Bill

Bill Cosponsor

Bill Summary

Hurricane and Tornado Mitigation Investment Act of 2007 - Amends the Internal Revenue Code to allow individual and business taxpayers a tax credit for 25% of their qualified hurricane and tornado mitigation property expenditures up to $5,000 for any taxable year. Defines such expenditures as expenditures in a dwelling unit to improve the strength of a roof deck attachment, create a secondary water barrier, improve the durability of a roof...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
March 20, 2007

Introduced in the Senate by Mel Martinez (R-Fla.)

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