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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - Senate

Short Titles as Introduced

Storm Shelter Tax Relief Act

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend the Internal Revenue Code of 1986 to provide a tax deduction for the purchase, construction, and installation of a safe room or storm shelter, and for other purposes.

Actions Overview (1)

Date Actions Overview
09/20/2011Introduced in Senate

All Actions (2)

Date All Actions
09/20/2011Read twice and referred to the Committee on Finance.
Action By: Senate
09/20/2011Sponsor introductory remarks on measure. (CR S5774-5776)
Action By: Senate

Cosponsors (3)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Blunt, Roy [R-MO]* 09/20/2011
Sen. Chambliss, Saxby [R-GA]* 09/20/2011
Sen. Sessions, Jeff [R-AL] 10/03/2011

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
Senate Finance09/20/2011 Referred to

No related bill information was received for S.1583.

Latest Summary (1)

There is one summary for S.1583. View summaries

Shown Here:
Introduced in Senate (09/20/2011)

Storm Shelter Tax Relief Act - Amends the Internal Revenue Code to allow a tax deduction, up to $2,500 in a taxable year, for the cost (including labor) of purchasing, constructing, and installing a qualified storm shelter.  Terminates such deduction after 2012.

Rescinds unobligated funds from the Community Development Fund authorized by the Department of Housing and Urban Development Appropriations Act, 2010 and the Department of Defense and Full-Year Continuing Appropriations Act, 2011.