HR 4675 · 117th Congress

Disaster Mitigation and Tax Parity Act of 2021

<p><b>Disaster Mitigation and Tax Parity Act of 2021</b></p> <p>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 <i>qualified catastrophe mitigation payment</i> means any amount received for ma…

Sponsor

Thompson, Mike (D-CA)

Introduced

2021-07-22

Policy area

Taxation

Latest action

Referred to the House Committee on Ways and Means.