Catastrophe Loss Mitigation Incentive and Tax Parity Act of 2019
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Catastrophe Loss Mitigation Incentive and Tax Parity Act of 2019
This bill excludes from gross income, for income tax purposes, any qualified catastrophe mitigation payment made under a state-based catastrophe loss mitigation program. A qualified catastrophe mitigation payment means any amount received for making improvements to an individual's residence for the sole purpose of reducing the damage that would be done to such residence by a windstorm, earthquake, or wildfire.
Referred to the House Committee on Ways and Means.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 5494: Catastrophe Loss Mitigation Incentive and Tax Parity Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-HR-5494/
"H.R. 5494: Catastrophe Loss Mitigation Incentive and Tax Parity Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-5494/.
H.R. 5494, 116th Cong. (2026), https://openamerica.io/bill/116-HR-5494/.
[H.R. 5494: Catastrophe Loss Mitigation Incentive and Tax Parity Act of 2019](https://openamerica.io/bill/116-HR-5494/)