US H.R. 1849

Excludes from federal gross income payments received from state catastrophe loss mitigation programs when used to harden a property against windstorm, earthquake, flood, or wildfire. Closes a gap where state mitigation grants were taxed as income. Bipartisan. House companion to S. 336.

Status

Introduced

Topic

Disaster Mitigation and Tax Parity Act of 2025

Session

119th Congress