Introduced
S. 2538
Introduced in Senate · August 7, 2025July 30, 2025
Mr. King (for himself and Mr. Cassidy) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 to provide a credit for hazard mitigation projects in connection with certain working waterfront property.
Working waterfront disaster mitigation project credit
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 “Working Waterfront Disaster Mitigation Tax Credit Act”.