3.0.0 7979 2023-01-11T13:45:28Z 2023-01-11T13:45:28Z House HR 2020-08-07 116 [Congressional Record Volume 166, Number 141 (Friday, August 7, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. PASCRELL:H.R. 7979.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 1 of the United StatesConstitution.[Page H4226]]]> hswm00 Ways and Means Committee House Standing Referred to 2020-08-07T14:04:00Z 2020-08-07 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2020-08-07 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-08-07 Introduced in House IntroReferral 1000 9 Library of Congress P000096 Rep. Pascrell, Bill, Jr. [D-NJ-9] WILLIAM PASCRELL D NJ J. 9 N R000585 Rep. Reed, Tom [R-NY-23] Tom Reed R NY 23 2020-08-07 True D000191 Rep. DeFazio, Peter A. [D-OR-4] PETER DEFAZIO D OR A. 4 2020-08-07 True D000600 Rep. Diaz-Balart, Mario [R-FL-25] Mario Diaz-Balart R FL 25 2020-08-07 True N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2020-10-23 False B001285 Rep. Brownley, Julia [D-CA-26] Julia Brownley D CA 26 2020-10-23 False Taxation Building construction Housing industry and standards Income tax credits Income tax deductions Natural disasters Residential rehabilitation and home repair Taxation 00 2020-08-07 Introduced in House 2020-10-20T14:12:21Z Disaster Savings and Resilient Construction Act of 2020

This bill allows a tax credit through 2022 for certain residential or commercial buildings owned by a taxpayer in a disaster area that are designed and constructed to meet resilient construction requirements. The bill defines resilient construction requirements as requirements with respect to buildings in a disaster area that make such buildings resistant to hazards brought on by a major disaster, reduce the duration of a disruptive event, and have the capacity to withstand a potentially disruptive event.

]]> Disaster Savings and Resilient Construction Act of 2020 Display Title Disaster Savings and Resilient Construction Act of 2020 Short Title(s) as Introduced Disaster Savings and Resilient Construction Act of 2020 Introduced in House IH Official Title as Introduced To amend the Internal Revenue Code of 1986 to provide a credit for owning certain disaster resilient property. Introduced in House IH Introduced in House 2020-08-07T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr7979ih/xml/BILLS-116hr7979ih.xml 2020-08-07 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.