To amend the Internal Revenue Code of 1986 to provide a credit against tax for disaster mitigation expenditures.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide a credit against tax for disaster mitigation expenditures., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers. The main policy domain is Energy, Environment, Finance.
Who Benefits and How
energy producers, utilities, and energy consumers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, energy producers, utilities, and energy consumers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HBFEC56AE6CB44139ABDA26233EE6A51A: 1. Short title This Act may be cited as the Shelter Act.
- Section HD69EE7815DB34D16BC1EF3234774A4B5: 2. Nonrefundable personal credit for disaster mitigation expenditures Subpart A of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is...
- Section HF74747E53FA44AADAD10485408D17F08: 25F. Disaster mitigation expenditures In the case of an individual, there shall be allowed as a credit against the tax imposed by this chapter for the taxable...
- Section HD09B474A0D5E4095A20E610D8B8B0A03: 3. Business-related credit for disaster mitigation Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by...
- Section HAEAAA938D45348F1941274D89EE2B3FA: 45BB. Disaster mitigation credit For purposes of section 38, the disaster mitigation credit determined under this section for any taxable year is an amount...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide a credit against tax for disaster mitigation expenditures., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.
Key Policy Areas
Energy, Environment, Finance
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to provide a credit against tax for disaster mitigation expenditures., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.
Policy Domains
Whole bill
Identified Gains
- energy producers, utilities, and energy consumers
Identified Costs
- federal implementing agencies
- energy producers, utilities, and energy consumers
Sponsors
Legislative Progress
IntroducedMs. Salazar (for herself, Ms. Pettersen, Mr. Gimenez, Mr. Peters, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → The Secretary identified in the operative section
- "administrator_of_fema"
- → Administrator of the Federal Emergency Management Agency
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology