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- H.R.2230
H.R.2230: Disaster Savings Accounts Act of 2015
About This Bill
- Introduced May 1, 2015
- Latest Major Action May 1, 2015
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (All Republicans)
Bill Summary
Disaster Savings Accounts Act of 2015 Amends the Internal Revenue Code to: (1) establish tax-exempt disaster savings accounts to pay the expenses of homeowners for disaster mitigation and recovery expenses, (2) allow a deduction from gross income (above-the-line deduction) up to $5,000 (adjusted annually for inflation) in a taxable year for cash contributions to such accounts, (3) exclude from gross income distributions from such accounts to...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
May 1, 2015 |
Referred to the House Committee on Ways and Means.
|
May 1, 2015 |
Introduced in the House by Dennis Ross (R-Fla.) |