Summary: S.1708 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for S.1708. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (06/04/2019)

Storm Shelter Act of 2019

This bill establishes a one-time refundable tax credit of up to $2,500 for the costs of installing a storm shelter to be used at a taxpayer's principal residence. To qualify for the credit, the residence may not be valued at more than $250,000.