WILTR Act of 2025

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 4181 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 4181 To amend the Internal Revenue Code of 1986 to provide incentives for wildfire prevention. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES June 26, 2025 Mr. Issa (for himself, Mr. Baumgartner, Mr. Gosar, Mr. Newhouse, and Mr. LaMalfa) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to provide incentives for wildfire prevention. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Wildfire Infrastructure and Landowner Tax Relief Act of 2025'' or the ``WILTR Act of 2025''. SEC. 2. EXCLUSION OF GROSS INCOME RELATED TO HAZARDOUS FUEL REDUCTION ACTIVITIES. (a) In General.--Section 139 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection: ``(i) Hazardous F…