US Congress House Bill 7979 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Introduced on August 7 2020 - 25% progression, died in committee
Action: 2020-08-07 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Allows a tax credit through 2022 for certain residential or commercial buildings owned by a taxpayer in a disaster area that are designed and constructed to meet resilient construction requirements. The bill defines resilient construction requirements as requirements with respect to buildings in a disaster area that make such buildings resistant to hazards brought on by a major disaster, reduce the duration of a disruptive event, and have the capacity to withstand a potentially disruptive event.

Disaster Savings and Resilient Construction Act of 2020

Rep. Bill Pascrell [D-NJ]	Rep. Tom Reed [R-NY]	Rep. Peter DeFazio [D-OR]	Rep. Mario Diaz-Balart [R-FL]
Rep. Eleanor Norton [D-DC]	Rep. Julia Brownley [D-CA]

Date	Chamber	Action
2020-08-07	House	Referred to the House Committee on Ways and Means.
2020-08-07	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/7979/all-info
Text	https://www.congress.gov/116/bills/hr7979/BILLS-116hr7979ih.pdf