Introduced
H. R. 1849
Introduced in House · March 21, 2025March 5, 2025
Mr. LaMalfa (for himself, Mr. Thompson of California, Mr. Murphy, Ms. Brownley, Mr. Rouzer, Mr. Davis of Illinois, Mr. Fitzgerald, Ms. Pettersen, Mr. Higgins of Louisiana, Mr. Peters, Mr. Mullin, Ms. Chu, Ms. Sewell, and Mr. Valadao) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to provide for the exclusion from gross income of amounts received from State-based catastrophe loss mitigation programs.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Disaster Mitigation and Tax Parity Act of 2025”.