US HB2241 | 2013-2014 | 113th Congress

Status

Spectrum: Slight Partisan Bill (Republican 13-6)
Status: Introduced on June 4 2013 - 25% progression, died in committee
Action: 2013-06-04 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Disaster Savings and Resilient Construction Act of 2013 - Amends the Internal Revenue Code to allow a business-related tax credit for a specified portion of the cost of commercial and residential buildings that comply with resilient construction requirements in a federally-declared major disaster area. Defines "resilient construction requirements" as requirements that such buildings are designed and constructed to: (1) resist hazards brought on by a major disaster; (2) continue to provide their primary functions after a major disaster; (3) reduce the magnitude or duration of a disruptive event; and (4) have the absorptive capacity, adaptive capacity, and recoverability to withstand a potentially disruptive event. Terminates such credit for any any property for which a certificate of occupancy is issued after December 31, 2017.

Tracking Information

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Title

Disaster Savings and Resilient Construction Act of 2013

Sponsors


History

DateChamberAction
2013-06-04HouseReferred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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