Shelter Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 3497 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 3497 To amend the Internal Revenue Code of 1986 to provide a credit against tax for disaster mitigation expenditures. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES December 16, 2025 Mr. Bennet (for himself and Mr. Cassidy) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to provide a credit against tax for disaster mitigation expenditures. 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 ``Shelter Act''. SEC. 2. NONREFUNDABLE PERSONAL CREDIT FOR DISASTER MITIGATION EXPENDITURES. (a) In General.--Subpart A of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986, as amended by section 70411 of Public Law 119-21, is amended by inserting after section 25F the following ne…