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United States · Bill · S

S. 4871 (118th)

Working Waterfront Disaster Mitigation Tax Credit Act

referredUnited States· United States Congress· EN

Introduced

31 July 2024

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

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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Documents

3 official files

Introduced in Senate (text)

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