Ask AI
S. 2835

Storm Shelter Affordability Act of 2014

Storm Shelter Affordability Act of 2014 - Amends the Internal Revenue Code to allow an individual taxpayer a refundable tax credit, through December 31, 2017, for the lesser of 50% of qualified storm shelter costs or $1,000. Requires such a storm shelter to be placed on property adjacent to a dwelling unit owned by the taxpayer.

Read twice and referred to the Committee on Finance.

Sen. Pryor, Mark L. [D-AR](D-AR)Sponsor
1committees2actions3subjects
  • Introduced in SenateSep 17, 2014
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

  2. IntroReferral10000

    Introduced in Senate