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116-hr-7979116th Congress

Disaster Savings and Resilient Construction Act of 2020

Sponsored By: Representative Pascrell, Bill, Jr. [D-NJ-9]

Unknown

Summary

Disaster Savings and Resilient Construction Act of 2020 This bill allows a tax credit through 2022 for certain residential or commercial buildings owned by a taxpayer in a disaster area that are designed and constructed to meet resilient construction requirements. The bill defines resilient construction requirements as requirements with respect to buildings in a disaster area that make such buildings resistant to hazards brought on by a major disaster, reduce the duration of a disruptive event, and have the capacity to withstand a potentially disruptive event.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Pascrell, Bill, Jr. [D-NJ-9]

NJ • D

Cosponsors

  • Rep. Reed, Tom [R-NY-23]

    NY • R

    Sponsored 8/7/2020

  • Rep. DeFazio, Peter A. [D-OR-4]

    OR • D

    Sponsored 8/7/2020

  • Rep. Diaz-Balart, Mario [R-FL-26]

    FL • R

    Sponsored 8/7/2020

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

    DC • D

    Sponsored 10/23/2020

  • Rep. Brownley, Julia [D-CA-26]

    CA • D

    Sponsored 10/23/2020

Roll Call Votes

No roll call votes available for this bill.

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