HR6861-118

Introduced

To amend the Internal Revenue Code of 1986 to provide a refundable credit against tax for wildfire mitigation expenditures.

118th Congress Introduced Dec 19, 2023

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 refundable credit against tax for wildfire 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 H7CDB6A418E8A47E6882FD64023F7126D: 1. Short title This Act may be cited as the Supporting Affordable Fire Emergency Hardening through Optimized Mitigation Efforts Act or the SAFE HOME Act.
  • Section H5CA1563C479E4493A9E16B4D8E1C61E7: 2. Refundable personal credit for wildfire mitigation expenditures Subpart C of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986...
  • Section H8889527DE3F74526B81032EF75BF803D: 36C. Wildfire 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...

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 refundable credit against tax for wildfire 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 refundable credit against tax for wildfire mitigation expenditures., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.

Policy Domains

Energy Environment Finance

Whole bill

Identified Gains
  • energy producers, utilities, and energy consumers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
energy producers, utilities, and energy consumers: ,
Identified Costs
  • federal implementing agencies
  • energy producers, utilities, and energy consumers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: ,
energy producers, utilities, and energy consumers: ,

Legislative Progress

Introduced
Introduced Committee Passed
Dec 19, 2023

Mr. Kiley introduced the following bill; which was referred to …

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?

Domains
Energy Environment Finance
Actor Mappings
"the_secretary"
→ The Secretary identified in the operative section

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