Disaster Resiliency and Coverage Act of 2024
Latest action · Mar 29, 2024 Referred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, 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.
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 29, 2024
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Disaster Resiliency and Coverage Act of 2024
This bill establishes a grant program for certain hazard mitigation measures for homes in disaster risk areas and provides a tax credit for up to 30% of expenditures on such mitigation measures. It also excludes from taxable income certain payments for residential hazard mitigation and federal emergency agricultural assistance.
The bill requires the Federal Emergency Management Agency (FEMA) to award grants to states and Indian tribal governments for specified hazard mitigation activities on residential properties at a high risk of experiencing a major disaster. FEMA must establish disaster risk areas in which homes are eligible for the grant funding. Individual residential households, subject to certain income limitations, may receive up to $10,000 (adjusted for inflation) for eligible hazard mitigation activities, such as reinforcing a roof, installing a flood control system, or reducing flammable vegetation near the home. The bill also provides an income tax credit to individuals and businesses for up to 30% of expenditures on the specified residential mitigation activities eligible under the grant program.
Additionally, under current law, payments for disaster relief and payments under federal hazard mitigation programs are excluded from taxable income. The bill specifically excludes from taxable income payments to an individual for hazard mitigation improvements to their residence under any program established or administered by a state or local government. The bill also excludes certain federal emergency and disaster agricultural assistance from taxable income as a type of disaster relief payment.
Cosponsors 34
Members who signed on, in the order they did. Signatures ran from Mar 29, 2024 to Dec 10, 2024; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-CA | Doug LaMalfa | Original | Mar 29, 2024 |
| D-CA | Barbara Lee | Apr 5, 2024 | |
| D-CA | Nanette Diaz Barragán | Apr 9, 2024 | |
| D-FL | Jared Moskowitz | Apr 10, 2024 | |
| D-CA | Julia Brownley | Apr 10, 2024 | |
| D-CA | Zoe Lofgren | Apr 11, 2024 | |
| D-CA | Salud O. Carbajal | Apr 12, 2024 | |
| D-CA | J. Luis Correa | Apr 17, 2024 | |
| D-CA | Jared Huffman | Apr 20, 2024 | |
| D-CA | Jim Costa | Apr 26, 2024 | |
| D-CA | Adam B. Schiff | May 1, 2024 | |
| D-CA | Jimmy Panetta | May 7, 2024 | |
| R-CA | David G. Valadao | May 14, 2024 | |
| D-CA | Pete Aguilar | May 14, 2024 | |
| D-CA | Ted Lieu | May 15, 2024 | |
| D-CA | Kevin Mullin | May 16, 2024 | |
| D-CA | Robert Garcia | May 22, 2024 | |
| D-CA | Mike Levin | May 24, 2024 | |
| D-CO | Joe Neguse | May 31, 2024 | |
| D-CA | Judy Chu | May 31, 2024 | |
| D-CA | Josh Harder | Jun 3, 2024 | |
| D-CA | Mark DeSaulnier | Jun 12, 2024 | |
| D-NY | Daniel S. Goldman | Aug 2, 2024 | |
| D-OR | Earl Blumenauer | Aug 9, 2024 | |
| D-DC | Eleanor Holmes Norton | Aug 30, 2024 | |
| D-LA | Troy A. Carter | Sep 3, 2024 | |
| D-HI | Jill N. Tokuda | Sep 17, 2024 | |
| D-NM | Teresa Leger Fernandez | Oct 1, 2024 | |
| D-CA | Ro Khanna | Oct 11, 2024 | |
| D-CO | Brittany Pettersen | Nov 12, 2024 | |
| D-MN | Angie Craig | Nov 19, 2024 | |
| D-FL | Maxwell Frost | Nov 19, 2024 | |
| D-FL | Lois Frankel | Nov 21, 2024 | |
| D-WA | Kim Schrier | Dec 10, 2024 |
Committees 2
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 29, 2024 |
| House | Transportation and Infrastructure Committee | Referred Mar 29, 2024 |
Actions 2
Everything that happened, newest first.
- Mar 29, 2024Introduced in House
- Mar 29, 2024Referred to the Committee on Ways and Means, and in addition to the Committee on Transportation and Infrastructure, 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 Congressional Record, vol. 170, no. 54, March 29, 2024, page H2130.
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to require the President to establish an individual household disaster mitigation program, and for other purposes.
- Short Title(s) as Introduced
- Disaster Resiliency and Coverage Act of 2024
Subjects
Assigned by the Library of Congress. Policy area: Emergency Management.
Text 1
Each version as it was printed, newest first.
- Mar 29, 2024Introduced 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.
