H.R. 3397 · 114th Congress
Disaster Savings and Resilient Construction Act of 2015
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
ReedSponsor25 cosponsors · 11 D, 14 R
D
DeFazio
MD
R
Diaz-Balart
BP
D
Pascrell
EE
D
Esty
AB
R
Barr
BG
R
Guthrie
BH
R
Huizenga
MC
D
Cartwright
BL
R
Luetkemeyer
KM
R
Marchant
RD
D
DeLauro
KY
R
Yoder
SP
R
Pearce
KR
D
Rice
MM
R
McCaul
JS
R
Smith
JD
R
Duncan
AS
D
Sires
JB
D
Brownley
GM
D
Moore
RA
R
Abraham
EN
D
Norton
GN
D
Napolitano
SP
R
Palazzo
GH
R
Harper3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Amends the Internal Revenue Code to allow a business-related tax credit for a specified portion of the cost of commercial and residential buildings that comply with resilient construction requirements in a federally-declared major disaster area.
What it does: CRS summary · Introduced in House · Jul 29, 2015
Disaster Savings and Resilient Construction Act of 2015
Amends the Internal Revenue Code to allow a business-related tax credit for a specified portion of the cost of commercial and residential buildings that comply with resilient construction requirements in a federally-declared major disaster area. Defines "resilient construction requirements" as requirements that such buildings are designed and constructed to: (1) resist hazards brought on by a major disaster; (2) continue to provide their primary functions after a major disaster; (3) reduce the magnitude or duration of a disruptive event; and (4) have the absorptive capacity, adaptive capacity, and recoverability to withstand a potentially disruptive event.
Terminates such credit for any any property for which a certificate of occupancy is issued after December 31, 2019.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Disaster Savings and Resilient Construction Act of 2015
Latest action (Jul 29, 2015): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Jul 29, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.