S 1805
117th Congress
Senate
Taxation
Income tax credits
Natural disasters
Residential rehabilitation and home repair
SHELTER Act
Introduced: May 25, 2021
Introduced by:
Bennet, Michael F.
Democratic
· Colorado
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 25, 2021
Read twice and referred to the Committee on Finance.
May 25, 2021
Introduced in Senate
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
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1