Summary: H.R.3462 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.3462. Bill summaries are authored by CRS.

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Introduced in House (06/25/2019)


This bill allows a tax credit to individuals and businesses for disaster mitigation expenditures. The allowable amount of such credit is 25% of the mitigation expenditures, up to $5,000 in any taxable year.