Ask me to break this bill down.

Congress.wiki Alpha

Color Theme:

About How Congress Works Support Us Roadmap Privacy Policy Terms of Service

This is not an official government website.

Copyright © 2026 PLEJ LC. All rights reserved.

Disaster Mitigation and Tax Parity Act of 2025 (HR-1849) · Congress.wiki

Recorded Votes

Recorded roll calls only

0 recorded

No recorded votes yet

Text Versions

Introduced in House

March 5, 2025•4 pages

What do you think?

Amendments

No Amendments

Related Legislation

Laws This Bill Would Affect

1 amendment

Amends26 U.S.C. 139

Redesignates existing subsection (h) as subsection (i); inserts a new subsection (h) excluding from gross income amounts received as 'qualified catastrophe mitigation payments' under State-established catastrophe loss mitigation programs, defines 'qualified catastrophe mitigation payment,' and applies rules similar to subsection (g)(3) regarding basis; and makes conforming amendments to existing paragraphs to add references to 'qualified catastrophe mitigation payment'.

Sponsors (27)

AI Summary

Excludes certain payments from State-run catastrophe loss mitigation programs from federal taxable income. These are payments that help property owners reduce future damage from disasters like fires, floods, or hurricanes.

It also bars recipients from adding the excluded amounts to their property’s tax basis, preventing a double tax benefit. The change applies to tax years beginning after December 31, 2020.

House Votes

Pending Committee

March 5, 2025

Referred to the House Committee on Ways and Means.

Senate Votes

Vote Data Not Available

Presidential Signature

Signature Data Not Available

United StatesHouse Bill 1849HR 1849

Disaster Mitigation and Tax Parity Act of 2025

Taxation

4 pages

house
senate
president

Introduced March 5, 2025 by Doug Lamalfa · Last progress March 5, 2025

North Carolinasenator·Thomas Roland Tillis

Disaster Mitigation and Tax Parity Act of 2025

senate

Bill

Taxation

house

president

12 cosponsors·Updated 3/7/2026·Last progress January 30, 2025