HR 1984 · 117th Congress · Taxation

Disaster Savings and Resilient Construction Act of 2021

Introduced 2021-03-17· Sponsored by Rep. Pascrell, Bill, Jr. [D-NJ-9]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2021-03-17)

Plain Language Summary

[AI summary unavailable — showing source text] Disaster Savings and Resilient Construction Act of 2021 This bill allows a tax credit through 2023 for certain residential or commercial buildings owned by a taxpayer in a disaster area that are designed and constructed to meet resilient construction requirements. The bill defines resilient construction requirements as requirements with respect to buildings in a disaster area that make such buildings resistant to hazards brought on by a major disaster, reduce the magnitude or duration of a disruptive event, and have the capacity to withstand a potentially disruptive event.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (10)

6 Democrats4 Republicans