Critical Businesses Preparedness Act
Official title: To amend the amend the Internal Revenue Code of 1986 to provide critical businesses with a tax credit for electric generators placed in service in certain high risk disaster areas.
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Referred to the House Committee on Ways and Means.
Critical Businesses Preparedness Act
This bill establishes a new tax credit, as part of the general business tax credit, for a percentage of the costs for certain businesses that are critical in the aftermath of a flood or hurricane to purchase and install an electric generator.
Specifically, under the bill, hospitals, nursing homes, grocery stores, gas stations, and other businesses determined to be critical in the aftermath of a flood or hurricane are allowed a tax credit for 30% of the costs paid (or incurred) to purchase and install an electric generator in an area at high risk of flooding or hurricanes.
The bill requires taxpayers to reduce the basis (cost for federal tax purposes) of an electric generator by the amount for which the tax credit is claimed. Further, taxpayers may not claim other federal tax benefits in addition to the tax credit for the same electric generator expenses.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 3549: Critical Businesses Preparedness Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-3549/
"H.R. 3549: Critical Businesses Preparedness Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-3549/.
H.R. 3549, 119th Cong. (2026), https://openamerica.io/bill/119-HR-3549/.
[H.R. 3549: Critical Businesses Preparedness Act](https://openamerica.io/bill/119-HR-3549/)