S.2104: Earthquake Mitigation Incentive and Tax Parity Act of 2017

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Bill Summary

Earthquake Mitigation Incentive and Tax Parity Act of 2017 This bill amends the Internal Revenue Code to exclude from gross income any earthquake loss mitigation received by a residential property owner or occupant under a state-based earthquake loss mitigation program. "Earthquake loss mitigation" is any property or service that reduces seismic risks to a residential structure or its contents. The term includes any payment, reimbursement,...

(Source: Library of Congress)

Bill Actions

Date Description
Nov. 8, 2017
Read twice and referred to the Committee on Finance.
Nov. 8, 2017

Introduced in the Senate by Kamala Harris (D-Calif.)

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