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United States · Bill · S

S. 1583 (112th)

Storm Shelter Tax Relief Act

referredUnited States· United States Congress· EN

Introduced

20 September 2011

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

Summary

Storm Shelter Tax Relief Act - Amends the Internal Revenue Code to allow a tax deduction, up to $2,500 in a taxable year, for the cost (including labor) of purchasing, constructing, and installing a qualified storm shelter.  Terminates such deduction after 2012. Rescinds unobligated funds from the Community Development Fund authorized by the Department of Housing and Urban Development Appropriations Act, 2010 and the Department of Defense and Full-Year Continuing Appropriations Act, 2011.

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Documents

3 official files

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Sources

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