114-hr-5610114th Congress

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.

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