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

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Catastrophe Loss Mitigation Incentive and Tax Parity Act of 2019

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Internal Revenue Code of 1986 to exclude from gross income amounts received from State-based catastrophe loss mitigation programs.


Actions Overview (1)

Date Actions Overview
12/19/2019Introduced in House

All Actions (2)

Date All Actions
12/19/2019Referred to the House Committee on Ways and Means.
Action By: House of Representatives
12/19/2019Introduced in House
Action By: House of Representatives

Cosponsors (20)


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
House Ways and Means12/19/2019 Referred to

As of 08/06/2020 no related bill information has been received for H.R.5494 - Catastrophe Loss Mitigation Incentive and Tax Parity Act of 2019


Subjects (6)


Latest Summary (1)

There is one summary for H.R.5494. View summaries

Shown Here:
Introduced in House (12/19/2019)

Catastrophe Loss Mitigation Incentive and Tax Parity Act of 2019

This bill excludes from gross income, for income tax purposes, any qualified catastrophe mitigation payment made under a state-based catastrophe loss mitigation program. A qualified catastrophe mitigation payment means any amount received for making improvements to an individual's residence for the sole purpose of reducing the damage that would be done to such residence by a windstorm, earthquake, or wildfire.