All Information (Except Text) for S.1583 - Storm Shelter Tax Relief Act112th Congress (2011-2012)
|Sponsor:||Sen. Inhofe, James M. [R-OK] (Introduced 09/20/2011)|
|Committees:||Senate - Finance|
|Latest Action:||Senate - 09/20/2011 Read twice and referred to the Committee on Finance. (All Actions)|
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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries
Short Titles - Senate
Short Titles as Introduced
Storm Shelter Tax Relief Act
Actions Overview (1)
|09/20/2011||Introduced in Senate|
09/20/2011 Introduced in Senate
All Actions (2)
|09/20/2011||Read twice and referred to the Committee on Finance.|
Action By: Senate
|09/20/2011||Sponsor introductory remarks on measure. (CR S5774-5776)|
Action By: Senate
09/20/2011 Read twice and referred to the Committee on Finance.
09/20/2011 Sponsor introductory remarks on measure. (CR S5774-5776)
|Sen. Blunt, Roy [R-MO]*||09/20/2011|
|Sen. Chambliss, Saxby [R-GA]*||09/20/2011|
|Sen. Sessions, Jeff [R-AL]||10/03/2011|
|Committee / Subcommittee||Date||Activity||Reports|
|Senate Finance||09/20/2011||Referred to|
Subject — Policy Area:
One Policy Area term, which best describes an entire measure, is assigned to every public bill or resolution.
Latest Summary (1)
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.