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- S.5176
S.5176: Disaster Mitigation and Tax Parity Act of 2022
About This Bill
- Introduced Dec. 1, 2022
- Latest Major Action Dec. 1, 2022
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - Dec. 1, 2022
Bill Summary
Disaster Mitigation and Tax Parity Act of 2022 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 |
---|---|
Dec. 1, 2022 |
Read twice and referred to the Committee on Finance.
|
Dec. 1, 2022 |
Introduced in the Senate by Bill Cassidy (R-La.) |