H.R.2053: Earthquake Mitigation Incentive and Tax Parity Act of 2019

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Bill Summary

Earthquake Mitigation Incentive and Tax Parity Act of 2019 This bill modifies the requirements for calculating taxable income to exclude from gross income any amount received as a qualified earthquake mitigation payment. A "qualified earthquake mitigation payment" is any amount received by a residential property owner or occupant under an earthquake loss mitigation program established by a state (including an agency, instrumentality, or...

(Source: Library of Congress)

Bill Actions

Date Description
April 3, 2019
Referred to the House Committee on Ways and Means.
April 3, 2019

Introduced in the House by Mike Thompson (D-Calif.)

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