H.R.4675: Disaster Mitigation and Tax Parity Act of 2021

About This Bill

Bill Version

Bill Summary

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,...

(Source: Library of Congress)

Bill Actions

Date Description
July 22, 2021
Referred to the House Committee on Ways and Means.
July 22, 2021

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

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