HR 3462
116th Congress
House
Taxation
Income tax credits
Natural disasters
Residential rehabilitation and home repair
SHELTER Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 25, 2019
Referred to the House Committee on Ways and Means.
Jun 25, 2019
Introduced in House
Plain-English summary
SHELTER Act
This bill allows a tax credit to individuals and businesses for disaster mitigation expenditures. The allowable amount of such credit is 25% of the mitigation expenditures, up to $5,000 in any taxable year.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1