Earthquake Mitigation Tax Incentive Act of 2016
Sponsored By: Representative Thompson, Mike [D-CA-4]
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Summary
Earthquake Mitigation Tax Incentive Act of 2016 This bill amends the Internal Revenue Code to exclude from gross income any amount received as a qualified earthquake mitigation payment. A qualified earthquake mitigation payment is any amount received by a residential property owner or occupant under an earthquake loss mitigation program established by a state (including an agency, instrumentality, or political subdivision of the state) or by a state with a tax-exempt organization or public instrumentality of the state.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Thompson, Mike [D-CA-4]
CA • D
Cosponsors
Rep. Cook, Paul [R-CA-8]
CA • R
Sponsored 6/28/2016
Rep. LaMalfa, Doug [R-CA-1]
CA • R
Sponsored 9/8/2016
MICHAEL HONDA
CA • D
Sponsored 9/8/2016
Sen. Schiff, Adam B. [D-CA]
CA • D
Sponsored 9/28/2016
Rep. Aguilar, Pete [D-CA-33]
CA • D
Sponsored 9/28/2016
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov