3.0.0 6762 2023-01-11T13:15:50Z 2023-01-11T13:15:50Z House H HR 2008-07-31 110 hswm00 Ways and Means Committee House Standing Referred to 2008-07-31T14:06:05Z Hurricane and Tornado Mitigation Investment Act of 2007 110 913 HR 2007-06-07 Sponsor introductory remarks on measure. (CR H6167-6169) Related bill CRS Hurricane and Tornado Mitigation Investment Act of 2007 110 930 S 2007-03-20 Read twice and referred to the Committee on Finance. Related bill CRS Homeowners Insurance Assistance Act of 2007 110 2327 S 2007-11-08 Read twice and referred to the Committee on Finance. Related bill CRS Coastal Homeowners Assistance Act 110 3427 S 2008-08-01 Read twice and referred to the Committee on Finance. Related bill CRS 2008-07-31 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2008-07-31 Introduced in House IntroReferral Intro-H 9 Library of Congress 2008-07-31 Introduced in House IntroReferral 1000 9 Library of Congress T000193 Rep. Thompson, Bennie G. [D-MS-2] BENNIE THOMPSON D MS 2 N Taxation Disaster relief and insurance Income tax credits Life, casualty, property insurance Natural disasters Residential rehabilitation and home repair Taxation 00 2008-07-31 Introduced in House 2008-09-10T15:20:55Z Homeowners Insurance and Mitigation Assistance Act of 2008 - Amends the Internal Revenue Code to allow tax credits for: (1) 50% of the increases in homeowners insurance premiums for taxpayers whose principal residences are located in certain federally declared hurricane disaster areas or in states which border the Atlantic Ocean or the Gulf of Mexico, up to $500 annually; and (2) 25% of the qualified hurricane, earthquake, and tornado mitigation property expenditures of homeowners and businesses, up to $5,000 annually. Includes within the definition of "qualified hurricane, earthquake, and tornado mitigation expenditures" expenditures for property to improve the strength of a roof deck attachment, create a secondary water barrier, improve the durability of a roof covering, reinforce the connection between a roof and a supporting wall, and protect exterior doors and garages.

]]> Homeowners Insurance and Mitigation Assistance Act of 2008 Display Title Homeowners Insurance and Mitigation Assistance Act of 2008 Official Title as Introduced To amend the Internal Revenue Code of 1986 to provide a credit against tax for increased homeowners insurance premiums suffered by certain coastal homeowners subject to increased risk from hurricane events, and for homeowner mitigation expenditures for natural catastrophic events. Introduced in House IH Short Titles as Introduced Homeowners Insurance and Mitigation Assistance Act of 2008 Introduced in House 2008-07-31T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr6762ih/xml/BILLS-110hr6762ih.xml 2008-07-31 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.