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Working Waterfront Disaster Mitigation Tax Credit Act

USA118th CongressS-4871| Senate 
| Updated: 7/31/2024
Angus S. King

Angus S. King

Independent Senator

Maine

Cosponsors (1)
Bill Cassidy (Republican)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Working Waterfront Disaster Mitigation Tax Credit Act This bill allows a new tax credit equal to 30% of the amount of investment in a working waterfront mitigation project. A mitigation project is designed to prevent or mitigate damage to working waterfront property by using structural elevation, flood risk reduction, shoreline stabilization, floodproofing, retrofitting, and warning systems.
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Timeline
Jul 31, 2024
Introduced in Senate
Jul 31, 2024
Read twice and referred to the Committee on Finance.
Oct 1, 2024

Latest Companion Bill Action

HR 118-9909
Introduced in House
  • July 31, 2024
    Introduced in Senate


  • July 31, 2024
    Read twice and referred to the Committee on Finance.


  • October 1, 2024

    Latest Companion Bill Action

    HR 118-9909
    Introduced in House

Taxation

Related Bills

  • HR 118-9909: Working Waterfront Disaster Mitigation Tax Credit Act

Working Waterfront Disaster Mitigation Tax Credit Act

USA118th CongressS-4871| Senate 
| Updated: 7/31/2024
Working Waterfront Disaster Mitigation Tax Credit Act This bill allows a new tax credit equal to 30% of the amount of investment in a working waterfront mitigation project. A mitigation project is designed to prevent or mitigate damage to working waterfront property by using structural elevation, flood risk reduction, shoreline stabilization, floodproofing, retrofitting, and warning systems.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 31, 2024
Introduced in Senate
Jul 31, 2024
Read twice and referred to the Committee on Finance.
Oct 1, 2024

Latest Companion Bill Action

HR 118-9909
Introduced in House
  • July 31, 2024
    Introduced in Senate


  • July 31, 2024
    Read twice and referred to the Committee on Finance.


  • October 1, 2024

    Latest Companion Bill Action

    HR 118-9909
    Introduced in House
Angus S. King

Angus S. King

Independent Senator

Maine

Cosponsors (1)
Bill Cassidy (Republican)

Finance Committee

Taxation

Related Bills

  • HR 118-9909: Working Waterfront Disaster Mitigation Tax Credit Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted