- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Worker and Family SupportCommittee on Ways and MeansIntroducedJune 8th, 2017
- house Committees
Hurricanes and tornadoes can be catastrophic and do significant damage to homes and businesses, so a tax credit would be a good way to incentivize property owners to take proactive steps to mitigate damage to their property before disaster strikes.
The tax code has far too many loopholes as is, and creating a new tax credit for hurricane and tornado readiness only complicates things. Besides, people worried about their property shouldn’t need a tax credit to incentivize them to prepare for disaster.