Disaster Savings and Resilient Construction Act of 2018
Official title: To amend the Internal Revenue Code of 1986 to provide a credit for owning certain disaster resilient property.
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Referred to the House Committee on Ways and Means.
Disaster Savings and Resilient Construction Act of 2018
This bill amends the Internal Revenue Code to allow a business-related tax credit for a specified portion of the cost of commercial and residential buildings that comply with resilient construction requirements in a federally-declared major disaster area.
The bill defines "resilient construction requirements" as requirements that such buildings are designed and constructed to: (1) resist hazards brought on by a major disaster; (2) continue to provide their primary functions after a major disaster; (3) reduce the magnitude or duration of a disruptive event; and (4) have the absorptive capacity, adaptive capacity, and recoverability to withstand a potentially disruptive event.
The credit does not apply to property for which a certificate of occupancy is issued after December 31, 2022.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 6841: Disaster Savings and Resilient Construction Act of 2018. 115th Congress. Open America. https://openamerica.io/bill/115-HR-6841/
"H.R. 6841: Disaster Savings and Resilient Construction Act of 2018." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-6841/.
H.R. 6841, 115th Cong. (2026), https://openamerica.io/bill/115-HR-6841/.
[H.R. 6841: Disaster Savings and Resilient Construction Act of 2018](https://openamerica.io/bill/115-HR-6841/)