SHELTER Act This bill allows a tax credit to individuals and businesses for disaster mitigation expenditures. The allowable amount of such credit is 25% of the mitigation expenditures, up to $5,000 in any taxable year.
Income tax creditsNatural disastersResidential rehabilitation and home repair
SHELTER Act
USA117th CongressS-1805| Senate
| Updated: 5/25/2021
SHELTER Act This bill allows a tax credit to individuals and businesses for disaster mitigation expenditures. The allowable amount of such credit is 25% of the mitigation expenditures, up to $5,000 in any taxable year.