U.S. Congress - H.R.2067 Hurricane and Tornado Mitigation Investment Act of 2011
H.R.2067 - Hurricane and Tornado Mitigation Investment Act of 2011
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
- Official: To amend the Internal Revenue Code of 1986 to provide a credit against tax for hurricane and tornado mitigation expenditures. as introduced.
- Short: Hurricane and Tornado Mitigation Investment Act of 2011 as introduced.
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Official Summary
6/1/2011--Introduced.Hurricane and Tornado Mitigation Investment Act of 2011 - 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 tOfficial Summary
6/1/2011--Introduced.Hurricane and Tornado Mitigation Investment Act of 2011 - 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....Read the Rest
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