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H.R. 2241

Disaster Savings and Resilient Construction Act of 2013

Disaster Savings and Resilient Construction Act of 2013 - Amends the Internal Revenue Code to allow a business-related tax credit for a specified portion of the cost of commercial and residential buildings that comply with resilient construction requirements in a federally-declared major disaster area. Defines "resilient construction requirements" as requirements that such buildings are designed and constructed to: (1) resist hazards brought on by a major disaster; (2) continue to provide their primary functions after a major disaster; (3) reduce the magnitude or duration of a disruptive event; and (4) have the absorptive capacity, adaptive capacity, and recoverability to withstand a potentially disruptive event.

Terminates such credit for any any property for which a certificate of occupancy is issued after December 31, 2017.

Referred to the House Committee on Ways and Means.

Rep. Diaz-Balart, Mario [R-FL-25](R-FL)Sponsor
18 cosponsors6 D12 R
18cosponsors1committees3actions7subjects
  • Introduced in HouseJun 4, 2013
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

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    Introduced in House

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    Introduced in House

Disaster Savings and Resilient Construction Act of 2013 — Informed