# 119-s-336: Disaster Mitigation and Tax Parity Act of 2025

119-s-336, Disaster Mitigation and Tax Parity Act of 2025, is a 119th Congress bill sponsored by Sen. Tillis, Thomas [R-NC] (R-NC); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-s-336
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-336
- Congress: 119
- Title: Disaster Mitigation and Tax Parity Act of 2025
- Status: introduced
- Introduced: 2025-01-30
- Sponsor: Sen. Tillis, Thomas [R-NC] (R-NC)
- Cosponsors: 12
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**This bill would exclude certain state catastrophe mitigation payments from federal taxable income.** It targets payments made to individual property owners under state programs, joint powers authorities, or state-created insurers to fund improvements solely to reduce damage from windstorms, earthquakes, floods, or wildfires. These payments would not increase the property's tax basis. The bill would also allow taxpayers to claim the exclusion for earlier years, including by amended return, for taxable years beginning after December 31, 2021.

## Cosponsors (12)

- Sen. Padilla, Alex [D-CA] (D-CA), 2025-01-30T00:00:00.000Z
- Sen. Cassidy, Bill [R-LA] (R-LA), 2025-01-30T00:00:00.000Z
- Sen. Schiff, Adam B. [D-CA] (D-CA), 2025-01-30T00:00:00.000Z
- Sen. Kennedy, John [R-LA] (R-LA), 2025-01-30T00:00:00.000Z
- Sen. Hickenlooper, John W. [D-CO] (D-CO), 2025-01-30T00:00:00.000Z
- Sen. Budd, Ted [R-NC] (R-NC), 2025-01-30T00:00:00.000Z
- Sen. Klobuchar, Amy [D-MN] (D-MN), 2025-01-30T00:00:00.000Z
- Sen. Wicker, Roger F. [R-MS] (R-MS), 2025-01-30T00:00:00.000Z
- Sen. Bennet, Michael F. [D-CO] (D-CO), 2025-01-30T00:00:00.000Z
- Sen. Merkley, Jeff [D-OR] (D-OR), 2025-01-30T00:00:00.000Z
- Sen. Gallego, Ruben [D-AZ] (D-AZ), 2025-12-03T00:00:00.000Z
- Sen. Britt, Katie Boyd [R-AL] (R-AL), 2025-11-19T00:00:00.000Z

## Provisions PRIA read

- Tax break for homeowners' mitigation payments: benefit, medium. If enacted, homeowners who received state catastrophe-mitigation payments to make property improvements would be able to exclude those payments from their taxable income. Only payments from programs set up by a State, a joint powers authority, or a state-created insurance market entity under state…

## Related bills

- 119-s-2296: National Defense Authorization Act for Fiscal Year 2026
- 119-s-4784: National Defense Authorization Act for Fiscal Year 2027
- 119-s-5066: Health Equity and Accountability Act of 2026
- 119-s-1241: Sanctioning Russia Act of 2025
- 119-s-1261: CONNECT for Health Act of 2025
- 119-s-339: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act

## Sources
- [119-s-336 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/336)

## Related
- [119-s-2296: National Defense Authorization Act for Fiscal Year 2026](https://policyrisk.com/legislation/119-s-2296)
- [119-s-4784: National Defense Authorization Act for Fiscal Year 2027](https://policyrisk.com/legislation/119-s-4784)
- [119-s-5066: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-s-5066)
- [119-s-1241: Sanctioning Russia Act of 2025](https://policyrisk.com/legislation/119-s-1241)
- [119-s-1261: CONNECT for Health Act of 2025](https://policyrisk.com/legislation/119-s-1261)
- [119-s-339: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-s-339)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-336 (as of 2025-12-21).