3.0.0
1849
2025-12-09T23:13:31Z
2025-12-09T23:13:31Z
House
H
HR
2025-03-05
119
https://www.congress.gov/bill/119th-congress/house-bill/1849
[Congressional Record Volume 171, Number 42 (Wednesday, March 5, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. LaMALFA:H.R. 1849.Congress has the power to enact this legislation pursuantto the following:The 16th Amendment and Article I, Section 8, Clause 14.[Page H1010]
- hswm00
Ways and Means Committee
House
Standing
  - Referred To
2025-03-05T15:06:10Z

- Disaster Mitigation and Tax Parity Act of 2025
119
336
S
2025-01-30
Read twice and referred to the Committee on Finance.
  - Related bill
CRS
- 2025-03-05
Referred to the House Committee on Ways and Means.
IntroReferral
H11100
2
House floor actions
  - hswm00
Ways and Means Committee
- 2025-03-05
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2025-03-05
Introduced in House
IntroReferral
1000
9
Library of Congress
- L000578
Rep. LaMalfa, Doug [R-CA-1]
Doug
LaMalfa
R
CA
1
N
- T000460
Rep. Thompson, Mike [D-CA-4]
Mike
Thompson
D
CA
4
2025-03-05
True
- M001210
Rep. Murphy, Gregory F. [R-NC-3]
Gregory
Murphy
R
NC
F.
3
2025-03-05
True
- B001285
Rep. Brownley, Julia [D-CA-26]
Julia
Brownley
D
CA
26
2025-03-05
True
- R000603
Rep. Rouzer, David [R-NC-7]
David
Rouzer
R
NC
7
2025-03-05
True
- D000096
Rep. Davis, Danny K. [D-IL-7]
Danny
Davis
D
IL
K.
7
2025-03-05
True
- F000471
Rep. Fitzgerald, Scott [R-WI-5]
Scott
Fitzgerald
R
WI
5
2025-03-05
True
- P000620
Rep. Pettersen, Brittany [D-CO-7]
Brittany
Pettersen
D
CO
7
2025-03-05
True
- H001077
Rep. Higgins, Clay [R-LA-3]
Clay
Higgins
R
LA
3
2025-03-05
True
- P000608
Rep. Peters, Scott H. [D-CA-50]
Scott
Peters
D
CA
H.
50
2025-03-05
True
- M001225
Rep. Mullin, Kevin [D-CA-15]
Kevin
Mullin
D
CA
15
2025-03-05
True
- C001080
Rep. Chu, Judy [D-CA-28]
Judy
Chu
D
CA
28
2025-03-05
True
- S001185
Rep. Sewell, Terri A. [D-AL-7]
Terri
Sewell
D
AL
A.
7
2025-03-05
True
- V000129
Rep. Valadao, David G. [R-CA-22]
David
Valadao
R
CA
G.
22
2025-03-05
True
- O000019
Rep. Obernolte, Jay [R-CA-23]
Jay
Obernolte
R
CA
23
2025-03-06
False
- R000305
Rep. Ross, Deborah K. [D-NC-2]
Deborah
Ross
D
NC
K.
2
2025-03-06
False
- C000059
Rep. Calvert, Ken [R-CA-41]
Ken
Calvert
R
CA
41
2025-03-21
False
- M001212
Rep. Moore, Barry [R-AL-1]
Barry
Moore
R
AL
1
2025-06-05
False
- R000575
Rep. Rogers, Mike D. [R-AL-3]
Mike
Rogers
R
AL
3
2025-06-05
False
- H001068
Rep. Huffman, Jared [D-CA-2]
Jared
Huffman
D
CA
2
2025-09-26
False
- E000246
Rep. Edwards, Chuck [R-NC-11]
Chuck
Edwards
R
NC
11
2025-09-26
False
- M001240
Rep. McDowell, Addison P. [R-NC-6]
Addison
McDowell
R
NC
P.
6
2025-10-03
False
- D000230
Rep. Davis, Donald G. [D-NC-1]
Donald
Davis
D
NC
G.
1
2025-11-20
False
- P000613
Rep. Panetta, Jimmy [D-CA-19]
Jimmy
Panetta
D
CA
19
2025-11-20
False
- L000593
Rep. Levin, Mike [D-CA-49]
Mike
Levin
D
CA
49
2025-11-25
False
Taxation
Taxation
2025-05-07T19:53:48Z
00
2025-03-05
Introduced in House
2025-07-09T12:52:01Z
Disaster Mitigation and Tax Parity Act of 2025
This bill excludes from gross income, for federal income tax purposes, payments received from a state catastrophe loss mitigation program by an individual for the purpose of making improvements to the individual’s property that mitigate the impact of certain disasters.
Under current law, individuals may exclude from gross income, for federal income tax purposes, payments received under the Robert T. Stafford Disaster Relief and Emergency Assistance Act or the National Flood Insurance Act (as in effect on April 15, 2005) for hazard mitigation. (Some exceptions apply.) Further, under current law, such payments do not increase the basis of the property for which the payments are made.
The bill allows a similar exclusion from gross income for certain payments received by an individual from a program established by
- a state (or any political subdivision or instrumentality of the state),
- a joint powers authority, or
- an entity that was established by the state to provide essential or basic property insurance and is regulated by the state.
Under the bill, such payments must be for making improvements to the individual’s property for the sole purpose of reducing damage that would be done to the property by a windstorm, earthquake, flood, or wildfire.
Finally, the bill provides that such payments from a state catastrophe loss mitigation program do not increase the basis of the property for which the payments are made.

Disaster Mitigation and Tax Parity Act of 2025
- Display Title
45

Disaster Mitigation and Tax Parity Act of 2025
2025-03-21T04:08:30Z
- Short Title(s) as Introduced
101

Disaster Mitigation and Tax Parity Act of 2025
2025-03-21T04:08:25Z
Introduced in House
IH
- Official Title as Introduced
6

To amend the Internal Revenue Code of 1986 to provide for the exclusion from gross income of amounts received from State-based catastrophe loss mitigation programs.
2025-03-21T04:04:06Z
Introduced in House
IH
- Introduced in House
2025-03-05T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-119hr1849ih/xml/BILLS-119hr1849ih.xml
2025-03-05
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.
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