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HR 3925 117th Congress House Taxation Income tax credits Natural disasters Residential rehabilitation and home repair

SHELTER Act

Introduced: June 16, 2021 Introduced by: Bilirakis, Gus M. Republican · Florida See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 16, 2021
Referred to the House Committee on Ways and Means.
Jun 16, 2021
Introduced in House
 Plain-English summary Congressional Research Service

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 June 16, 2021

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1