Disaster Mitigation and Tax Parity Act of 2023
Latest action · Jun 13, 2023 Referred to the House Committee on Ways and Means.
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.
- IntroducedJun 13, 2023
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Disaster Mitigation and Tax Parity Act of 2023
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 property for the sole purpose of reducing the damage that would be done to such property by a windstorm, earthquake, or wildfire.
Cosponsors 33
Members who signed on, in the order they did. Signatures ran from Jun 13, 2023 to Jul 9, 2024; 6 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-LA | Clay Higgins | Original | Jun 13, 2023 |
| R-NC | David Rouzer | Original | Jun 13, 2023 |
| D-NC | Deborah K. Ross | Original | Jun 13, 2023 |
| R-AL | Jerry L. Carl | Original | Jun 13, 2023 |
| D-CA | Mike Thompson | Original | Jun 13, 2023 |
| R-WI | Scott Fitzgerald | Original | Jun 13, 2023 |
| R-NC | Gregory F. Murphy | Jun 21, 2023 | |
| R-CA | Ken Calvert | Jun 21, 2023 | |
| R-CA | Jay Obernolte | Jun 22, 2023 | |
| D-CA | Jimmy Panetta | Jun 27, 2023 | |
| D-CA | Linda T. Sánchez | Jun 27, 2023 | |
| R-AL | Mike Rogers | Jun 30, 2023 | |
| R-AL | Dale W. Strong | Jul 11, 2023 | |
| D-AL | Terri A. Sewell | Jul 11, 2023 | |
| D-OR | Suzanne Bonamici | Jul 25, 2023 | |
| D-CA | Barbara Lee | Jul 28, 2023 | |
| D-CA | Eric Swalwell | Aug 1, 2023 | |
| D-CA | Judy Chu | Aug 8, 2023 | |
| R-AL | Barry Moore | Sep 1, 2023 | |
| D-CA | Julia Brownley | Sep 1, 2023 | |
| D-CA | Kevin Mullin | Sep 1, 2023 | |
| D-CA | Robert Garcia | Sep 8, 2023 | |
| D-CA | Scott H. Peters | Sep 8, 2023 | |
| D-CO | Brittany Pettersen | Sep 29, 2023 | |
| D-NC | Wiley Nickel | Sep 29, 2023 | |
| D-CO | Joe Neguse | Oct 20, 2023 | |
| D-CO | Yadira Caraveo | Dec 12, 2023 | |
| R-CA | David G. Valadao | Mar 19, 2024 | |
| R-NY | Nick LaLota | Apr 12, 2024 | |
| D-NC | Donald G. Davis | Apr 26, 2024 | |
| R-AL | Robert B. Aderholt | May 23, 2024 | |
| D-MI | Rashida Tlaib | Jun 27, 2024 | |
| D-CA | Mike Levin | Jul 9, 2024 |
Committees 1
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 Jun 13, 2023 |
Actions 2
Everything that happened, newest first.
- Jun 13, 2023Introduced in House
- Jun 13, 2023Referred to the House Committee on Ways and Means.
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 Congressional Record, vol. 169, no. 103, June 13, 2023, page H2885.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 1953 | Disaster Mitigation and Tax Parity Act of 2023 | Identical bill | Jun 13, 2023 |
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 for the exclusion from gross income of amounts received from State-based catastrophe loss mitigation programs.
- Short Title(s) as Introduced
- Disaster Mitigation and Tax Parity Act of 2023
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Jun 13, 2023Introduced 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.
