Flood Mitigation Expense Relief Act of 2013
Latest action · Mar 22, 2013 Referred to the Subcommittee on Energy and Power.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 19, 2013
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Flood Mitigation Expense Relief Act of 2013 - Amends the Internal Revenue Code to allow qualified taxpayers a tax credit, up to $5,000 in a taxable year, for flood mitigation expenses. Defines "qualified taxpayer" as: (1) a taxpayer who is the holder of a flood insurance policy under the National Flood Insurance Act of 1968 and who owns insured property for which the chargeable premium rate under such policy was increased or will increase and which has an elevation lower than the base flood elevation or is located in an area designated as having a higher flood risk, and (2) a small business with 50 or fewer employees. Terminates such credit after 2022.
Authorizes appropriations to the Administrator of the Federal Emergency Management Agency (FEMA) to carry out: (1) the predisaster hazard mitigation program authorized by the Robert T. Stafford Disaster Relief and Emergency Assistance Act, and (2) the flood mitigation assistance program authorized by the National Flood Insurance Act of 1969. Specifies that such funds may be used only for mitigation activities and acquisition by states and communities of properties located in higher flood risk areas.
Terminates the Energy Star program of the Department of Energy (DOE) and the Environmental Protection Agency (EPA) and rescinds any amounts not obligated or expended for such program.
Cosponsors
Members who signed on, in the order they did.
Committees 4
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Mar 19, 2013 |
| House | Transportation and Infrastructure Committee | Referred Mar 19, 2013 |
| Economic Development, Public Buildings, and Emergency Management Subcommittee | Referred Mar 20, 2013 | |
| House | Financial Services Committee | Referred Mar 19, 2013 |
| House | Energy and Commerce Committee | Referred Mar 19, 2013 |
| Energy Subcommittee | Referred Mar 22, 2013 |
Actions 4
Everything that happened, newest first.
- Mar 22, 2013Referred to the Subcommittee on Energy and Power.
- Mar 20, 2013Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
- Mar 19, 2013Introduced in House
- Mar 19, 2013Referred to the Committee on Ways and Means, and in addition to the Committees on Transportation and Infrastructure, Financial Services, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the page H1631.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 3924 | HOME Act of 2014 | Related bill | Jan 21, 2014 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to provide a credit for qualified flood mitigation expenses incurred with respect to certain residences for which the chargeable premium rate under the national flood insurance program is increasing and to provide increased funding for mitigation programs.
- Short Titles as Introduced
- Flood Mitigation Expense Relief Act of 2013
Subjects
Assigned by the Library of Congress. Policy area: Emergency Management.
Text 1
Each version as it was printed, newest first.
- Mar 19, 2013Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
