[Congressional Record (Bound Edition), Volume 159 (2013), Part 8]
[Extensions of Remarks]
[Page 12010]
[From the U.S. Government Publishing Office, www.gpo.gov]




INTRODUCTION OF LEGISLATION TO AMEND THE INTERNAL REVENUE CODE OF 1986 
 TO PROVIDE A CREDIT AGAINST TAX FOR HURRICANE AND TORNADO MITIGATION 
                              EXPENDITURES

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                         HON. GUS M. BILIRAKIS

                               of florida

                    in the house of representatives

                         Monday, July 22, 2013

  Mr. BILIRAKIS. Mr. Speaker, today I introduced the Hurricane and 
Tornado Mitigation Investment Act of 2013. This legislation seeks to 
encourage individuals and businesses to take proactive preparedness 
measures to protect their property from potential storm damage. Recent 
tornado outbreaks across the country this spring, and the impending 
start of the Atlantic hurricane season, remind us that weather-related 
emergencies and disasters are ever-present. The bill would amend the 
Internal Revenue Code to allow individual and business taxpayers a tax 
credit for a portion of their qualified hurricane and tornado 
mitigation property expenditures for any taxable year. They would be 
eligible when they take steps to improve the strength of a roof deck 
attachment; create a secondary water barrier; improve the durability of 
a roof covering; brace gable-end walls; reinforce the connections 
between a roof and supporting wall; protect against windborne debris; 
or protect exterior doors and garages. In short, this legislation will 
help communities mitigate against future weather related hazards. 
Taking mitigation steps now can make a huge difference. In many cases, 
it may help to reduce loss of life and property damage, while saving 
money and reducing insurance rates in the long run. I look forward to 
working with my colleagues to move this legislation through Congress.

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