3.0.0 4675 2022-12-31T05:05:21Z 2022-12-31T05:05:21Z House HR 2021-07-22 117 [Congressional Record Volume 167, Number 129 (Thursday, July 22, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. THOMPSON of California:H.R. 4675.Congress has the power to enact this legislation pursuantto the following:Article I[Page H3846]]]> hswm00 Ways and Means Committee House Standing Referred to 2021-07-22T13:06:45Z Disaster Tax Relief Act of 2021 117 3954 HR 2021-07-20 Referred to the Subcommittee on General Farm Commodities and Risk Management. Related bill CRS Disaster Mitigation and Tax Parity Act of 2021 117 2432 S 2022-09-08 Committee on Banking, Housing, and Urban Affairs. Hearings held. Identical bill CRS Inflation Reduction Act of 2022 117 5376 HR 2022-08-16 Became Public Law No: 117-169. Related bill CRS Disaster Mitigation and Tax Parity Act of 2022 117 5176 S 2022-12-01 Read twice and referred to the Committee on Finance. Related bill CRS 2021-07-22 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2021-07-22 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-07-22 Introduced in House IntroReferral 1000 9 Library of Congress T000460 Rep. Thompson, Mike [D-CA-5] MIKE THOMPSON D CA 5 N P000613 Rep. Panetta, Jimmy [D-CA-20] Jimmy Panetta D CA 20 2021-07-22 True A000371 Rep. Aguilar, Pete [D-CA-31] Pete Aguilar D CA 31 2021-07-22 True G000559 Rep. Garamendi, John [D-CA-3] John Garamendi D CA 3 2021-07-22 True R000603 Rep. Rouzer, David [R-NC-7] David Rouzer R NC 7 2021-07-22 True R000597 Rep. Rice, Tom [R-SC-7] Tom Rice R SC 7 2021-07-22 True C001080 Rep. Chu, Judy [D-CA-27] Judy Chu D CA 27 2021-07-22 True S001185 Rep. Sewell, Terri A. [D-AL-7] Terri Sewell D AL A. 7 2021-07-22 True S001156 Rep. Sánchez, Linda T. [D-CA-38] Linda Sánchez D CA T. 38 2021-07-22 True B001287 Rep. Bera, Ami [D-CA-7] Ami Bera D CA 7 2021-07-22 True S001175 Rep. Speier, Jackie [D-CA-14] Jackie Speier D CA 14 2021-07-22 True G000585 Rep. Gomez, Jimmy [D-CA-34] Jimmy Gomez D CA 34 2021-07-22 True C000059 Rep. Calvert, Ken [R-CA-42] KEN CALVERT R CA 42 2021-07-22 True B001278 Rep. Bonamici, Suzanne [D-OR-1] Suzanne Bonamici D OR 1 2021-09-20 False F000471 Rep. Fitzgerald, Scott [R-WI-5] Scott Fitzgerald R WI 5 2022-10-04 False Taxation Disaster relief and insurance Income tax exclusion Natural disasters Residential rehabilitation and home repair State and local government operations Taxation 00 2021-07-22 Introduced in House 2021-08-26T13:36:35Z 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, or wildfire.

]]> Disaster Mitigation and Tax Parity Act of 2021 Official Title as Introduced To amend the Internal Revenue Code of 1986 to exclude from gross income amounts received from State-based catastrophe loss mitigation programs. Introduced in House IH Display Title Disaster Mitigation and Tax Parity Act of 2021 Short Title(s) as Introduced Disaster Mitigation and Tax Parity Act of 2021 Introduced in House IH Introduced in House 2021-07-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr4675ih/xml/BILLS-117hr4675ih.xml 2021-07-22 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.