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S 4871 118th Congress Senate Taxation

Working Waterfront Disaster Mitigation Tax Credit Act

Introduced: July 31, 2024 Introduced by: King, Angus S., Jr. Independent · Maine See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 31, 2024
Read twice and referred to the Committee on Finance.
Jul 31, 2024
Introduced in Senate
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 Plain-English summary Congressional Research Service

Working Waterfront Disaster Mitigation Tax Credit Act 

This bill allows a new tax credit equal to 30% of the amount of investment in a working waterfront mitigation project. A mitigation project is designed to prevent or mitigate damage to working waterfront property by using structural elevation, flood risk reduction, shoreline stabilization, floodproofing, retrofitting, and warning systems. 

What's happening now July 31, 2024

Read twice and referred to the Committee on Finance.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 6

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

 Cosponsors 1
All 1 Republican 1
R
Cassidy, Bill
Louisiana · Jul 31, 2024
Cite this page click to expand
APA
U.S. Congress. (2026). S. 4871: Working Waterfront Disaster Mitigation Tax Credit Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-4871/
MLA
"S. 4871: Working Waterfront Disaster Mitigation Tax Credit Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-4871/.
Bluebook (legal)
S. 4871, 118th Cong. (2026), https://openamerica.io/bill/118-S-4871/.
Markdown link
[S. 4871: Working Waterfront Disaster Mitigation Tax Credit Act](https://openamerica.io/bill/118-S-4871/)
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