HR 5610
114th Congress
House
Taxation
Building construction
Income tax exclusion
Natural disasters
Residential rehabilitation and home repair
Earthquake Mitigation Tax Incentive Act of 2016
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 28, 2016
Referred to the House Committee on Ways and Means.
Jun 28, 2016
Introduced in House
Plain-English summary
Earthquake Mitigation Tax Incentive Act of 2016
This bill amends the Internal Revenue Code to exclude from gross income any amount received as a qualified earthquake mitigation payment. A qualified earthquake mitigation payment is any amount received by a residential property owner or occupant under an earthquake loss mitigation program established by a state (including an agency, instrumentality, or political subdivision of the state) or by a state with a tax-exempt organization or public instrumentality of the state.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1