U.S. Congress - H.R.913 Hurricane and Tornado Mitigation Investment Act of 2007
H.R.913 - Hurricane and Tornado Mitigation Investment Act of 2007
To amend the Internal Revenue Code of 1986 to provide a credit against tax for hurricane and tornado mitigation expenditures. view all titles (2)
All Bill Titles
- Short: Hurricane and Tornado Mitigation Investment Act of 2007 as introduced.
- Official: To amend the Internal Revenue Code of 1986 to provide a credit against tax for hurricane and tornado mitigation expenditures. as introduced.
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Latest Action Jun 07, 2007Sponsor introductory remarks on meas... Related Bills (3) & Issues (13)
Official Summary
2/8/2007--Introduced.Hurricane and Tornado Mitigation Investment Act of 2007 - Amends the Internal Revenue Code to allow individual and business taxpayers in certain states a tax credit for 25% of their qualified hurricane and tornado mitigation property expenditures up to $5,000 for any taxable year. Defines such expenditures as expenditures in a dwelling unit to improve the strength of a roof deck attachment, create a secondary water barrier, improve the durability of a roof covering, brace gable-end walls, reinforce the connections between a roof and supporting wall, protect against windborne debris, or protect exterior doors and garages.
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Recent Blog Coverage
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[103rd] Voluntary Drug Abuse Education Checkoff Act of 1993 (Introduced in House)[HR913.IH ] 12 . [102nd] To amend the Internal Revenue Code of 1986 and the Federal Election Campaign Act of 1971 to allow individuals to use an income tax ...
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HR 913, To amend the Internal Revenue Code of 1986 to provide a ...
HR 913 would amend the Internal Revenue Code of 1986 to provide a credit against tax for hurricane and tornado mitigation expenditures....
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