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114-hr-3397114th Congress

Disaster Savings and Resilient Construction Act of 2015

Sponsored By: Representative Reed, Tom [R-NY-23]

Unknown

Summary

Disaster Savings and Resilient Construction Act of 2015 Amends the Internal Revenue Code to allow a business-related tax credit for a specified portion of the cost of commercial and residential buildings that comply with resilient construction requirements in a federally-declared major disaster area. Defines "resilient construction requirements" as requirements that such buildings are designed and constructed to: (1) resist hazards brought on by a major disaster; (2) continue to provide their primary functions after a major disaster; (3) reduce the magnitude or duration of a disruptive event; and (4) have the absorptive capacity, adaptive capacity, and recoverability to withstand a potentially disruptive event. Terminates such credit for any any property for which a certificate of occupancy is issued after December 31, 2019.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Reed, Tom [R-NY-23]

NY • R

Cosponsors

  • Rep. Pascrell, Bill, Jr. [D-NJ-9]

    NJ • D

    Sponsored 7/29/2015

  • Rep. Diaz-Balart, Mario [R-FL-26]

    FL • R

    Sponsored 7/29/2015

  • Rep. DeFazio, Peter A. [D-OR-4]

    OR • D

    Sponsored 7/29/2015

  • Rep. Esty, Elizabeth H. [D-CT-5]

    CT • D

    Sponsored 11/2/2015

  • Rep. Barr, Andy [R-KY-6]

    KY • R

    Sponsored 11/17/2015

  • Rep. Guthrie, Brett [R-KY-2]

    KY • R

    Sponsored 11/17/2015

  • Rep. Huizenga, Bill [R-MI-4]

    MI • R

    Sponsored 11/17/2015

  • Rep. Luetkemeyer, Blaine [R-MO-3]

    MO • R

    Sponsored 5/24/2016

  • Rep. Cartwright, Matt [D-PA-8]

    PA • D

    Sponsored 5/24/2016

  • Rep. Marchant, Kenny [R-TX-24]

    TX • R

    Sponsored 6/7/2016

  • Rep. Yoder, Kevin [R-KS-3]

    KS • R

    Sponsored 9/6/2016

  • Rep. DeLauro, Rosa L. [D-CT-3]

    CT • D

    Sponsored 9/6/2016

  • Rep. Pearce, Stevan [R-NM-2]

    NM • R

    Sponsored 9/7/2016

  • Rep. Rice, Kathleen M. [D-NY-4]

    NY • D

    Sponsored 9/7/2016

  • Rep. McCaul, Michael T. [R-TX-10]

    TX • R

    Sponsored 9/15/2016

  • Rep. Smith, Jason [R-MO-8]

    MO • R

    Sponsored 9/19/2016

  • JOHN DUNCAN

    TN • R

    Sponsored 9/22/2016

  • Rep. Sires, Albio [D-NJ-8]

    NJ • D

    Sponsored 9/22/2016

  • Rep. Brownley, Julia [D-CA-26]

    CA • D

    Sponsored 9/28/2016

  • Rep. Moore, Gwen [D-WI-4]

    WI • D

    Sponsored 9/28/2016

  • Del. Norton, Eleanor Holmes [D-DC-At Large]

    DC • D

    Sponsored 11/14/2016

  • Rep. Napolitano, Grace F. [D-CA-31]

    CA • D

    Sponsored 11/14/2016

  • Rep. Palazzo, Steven M. [R-MS-4]

    MS • R

    Sponsored 11/14/2016

  • Rep. Abraham, Ralph Lee [R-LA-5]

    LA • R

    Sponsored 11/14/2016

  • Rep. Harper, Gregg [R-MS-3]

    MS • R

    Sponsored 11/16/2016

Roll Call Votes

No roll call votes available for this bill.

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