S2538-119

In Committee

Working Waterfront Disaster Mitigation Tax Credit Act

119th Congress Introduced Jul 30, 2025

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

The bill expands a tax credit provision: 1. Short title This Act may be cited as the Working Waterfront Disaster Mitigation Tax Credit Act, reduces a appropriation, compliance mandate, definition change provision: 2, and reduces a appropriation, compliance mandate, definition change provision: 48F. It relies on appropriations, compliance mandates, definition changes, and tax credits. The main policy areas are Energy and Finance.

Who Benefits and How

The available clause analysis does not identify a specific beneficiary group.

Who Bears the Burden and How

No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.

Key Provisions

  • Expands a tax credit provision: 1. Short title This Act may be cited as the Working Waterfront Disaster Mitigation Tax Credit Act.
  • Reduces a appropriation, compliance mandate, definition change provision: 2.
  • Reduces a appropriation, compliance mandate, definition change provision: 48F.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.

At a Glance

What This Bill Does

The bill expands a tax credit provision: 1. Short title This Act may be cited as the Working Waterfront Disaster Mitigation Tax Credit Act, reduces a appropriation, compliance mandate, definition change provision: 2, and reduces a appropriation, compliance mandate, definition change provision: 48F.

Key Policy Areas

Energy, Finance

Primary Purpose

The bill expands a tax credit provision: 1. Short title This Act may be cited as the Working Waterfront Disaster Mitigation Tax Credit Act, reduces a appropriation, compliance mandate, definition change provision: 2, and reduces a appropriation, compliance mandate, definition change provision: 48F.

Policy Domains

Energy Finance

Legislative Progress

In Committee
Introduced Committee Passed
Jul 30, 2025

Mr. King (for himself and Mr. Cassidy) introduced the following …

Jul 30, 2025

Read twice and referred to the Committee on Finance.

Jul 30, 2025

Introduced in Senate

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 Finance
Actor Mappings
"administrator_of_fema"
→ Administrator of the Federal Emergency Management Agency
"secretary_of_treasury"
→ Secretary of the Treasury

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