US HB5543 | 2017-2018 | 115th Congress
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on April 17 2018 - 25% progression, died in committee
Action: 2018-04-17 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 17 2018 - 25% progression, died in committee
Action: 2018-04-17 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Flood Insurance Tax Credit Act of 2018 This bill amends the Internal Revenue Code to allow a tax credit for flood insurance expenses. The credit applies to portions of a taxpayer's expenses for federal flood insurance, private flood insurance, and federal contents coverage flood insurance for a principal residence. The amount of the credit is subject to limitations based on the taxpayer's income and must be adjusted for inflation after 2019.
Title
Flood Insurance Tax Credit Act of 2018
Sponsors
| Rep. Nydia Velazquez [D-NY] |
History
| Date | Chamber | Action |
|---|---|---|
| 2018-04-17 | House | Referred to the House Committee on Ways and Means. |
| 2018-04-17 | House | Introduced in House |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/house-bill/5543/all-info |
| Text | https://www.congress.gov/115/bills/hr5543/BILLS-115hr5543ih.pdf |
