# 119-s-3605: Disaster Zone Energy Affordability and Investment Act

119-s-3605, Disaster Zone Energy Affordability and Investment Act, is a 119th Congress bill sponsored by Sen. Graham, Lindsey [R-SC] (R-SC); status introduced; PRIA reads it as touching household money (as of 2026-09-26).

- Canonical: https://policyrisk.com/legislation/119-s-3605
- As of: 2026-09-26
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-3605
- Congress: 119
- Title: Disaster Zone Energy Affordability and Investment Act
- Status: introduced
- Introduced: 2026-01-08
- Sponsor: Sen. Graham, Lindsey [R-SC] (R-SC)
- Cosponsors: 8
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-09-26

## Summary

**Allows disaster-hit businesses to convert part of unused general business tax credits into transferable credits.** This bill would let taxpayers in federally declared disaster areas or certain state-declared disaster areas treat a portion of their general business credit carryforwards as transferable credits tied to disaster-related spending. - Businesses in qualified disaster areas could treat up to the amount of their eligible expenditures as transferable portions of certain general business credit carryforwards. Eligible expenditures are business spending in the disaster area and must occur by the end of the second calendar year after the disaster declaration. - Members of an affiliated group that file a consolidated return would be treated as one taxpayer for applying the transferable credit rule, letting groups pool carryforwards for this purpose. - The bill limits an immediate registration requirement by preventing the Secretary from requiring registration for carryforwards that begin on or before the year the online registration tool is updated to reflect these rules.

## Cosponsors (8)

- Sen. Cantwell, Maria [D-WA] (D-WA), 2026-01-08T00:00:00.000Z
- Sen. Scott, Rick [R-FL] (R-FL), 2026-03-18T00:00:00.000Z
- Sen. Moody, Ashley [R-FL] (R-FL), 2026-04-28T00:00:00.000Z
- Sen. Bennet, Michael F. [D-CO] (D-CO), 2026-07-14T00:00:00.000Z
- Sen. Luján, Ben Ray [D-NM] (D-NM), 2026-07-16T00:00:00.000Z
- Sen. Graham, Darline [R-SC] (R-SC), 2026-09-17T00:00:00.000Z
- Sen. Budd, Ted [R-NC] (R-NC), 2026-09-23T00:00:00.000Z
- Sen. Tillis, Thomas [R-NC] (R-NC), 2026-09-23T00:00:00.000Z

## Provisions PRIA read

- Transferable disaster tax credits for businesses: benefit, high. This bill would let businesses in declared disaster areas convert part of certain business tax credit carryforwards into transferable tax credits. They would be able to convert up to the smaller of two amounts: applicable general business credit carryforwards or eligible disaster-area expenditures…

## Related bills

- 119-sres-755: A resolution honoring the life of the Honorable Donald W. Riegle, Jr., former Senator for the State of Michigan.
- 119-sres-739: A resolution honoring the life and legacy of John Seymour, the late Senator for the State of California.
- 119-sres-723: A resolution honoring the life of Dirk Arthur Kempthorne, former United States Senator for the State of Idaho.
- 119-sres-703: A resolution expressing support for the designation of the week of May 3, 2026, through May 9, 2026, as "National Small Business Week" to celebrate the contrib…
- 119-sres-585: A resolution honoring the life, achievements, and legacy of Ben Nighthorse Campbell.
- 119-sres-255: A resolution honoring the life, achievements, and legacy of former United States Senator Christopher "Kit" Bond of Missouri.

## Sources
- [119-s-3605 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3605)

## Related
- [119-sres-755: A resolution honoring the life of the Honorable Donald W. Riegle, Jr., former S…](https://policyrisk.com/legislation/119-sres-755)
- [119-sres-739: A resolution honoring the life and legacy of John Seymour, the late Senator for…](https://policyrisk.com/legislation/119-sres-739)
- [119-sres-723: A resolution honoring the life of Dirk Arthur Kempthorne, former United States…](https://policyrisk.com/legislation/119-sres-723)
- [119-sres-703: A resolution expressing support for the designation of the week of May 3, 2026,…](https://policyrisk.com/legislation/119-sres-703)
- [119-sres-585: A resolution honoring the life, achievements, and legacy of Ben Nighthorse Camp…](https://policyrisk.com/legislation/119-sres-585)
- [119-sres-255: A resolution honoring the life, achievements, and legacy of former United State…](https://policyrisk.com/legislation/119-sres-255)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-3605 (as of 2026-09-26).