Disaster Mitigation and Tax Parity Act of 2023
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Disaster Mitigation and Tax Parity Act of 2023
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 property for the sole purpose of reducing the damage that would be done to such property 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. 4070: Disaster Mitigation and Tax Parity Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-HR-4070/
"H.R. 4070: Disaster Mitigation and Tax Parity Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-4070/.
H.R. 4070, 118th Cong. (2026), https://openamerica.io/bill/118-HR-4070/.
[H.R. 4070: Disaster Mitigation and Tax Parity Act of 2023](https://openamerica.io/bill/118-HR-4070/)