The Facilitating Increased Resilience, Environmental Weatherization And Lowered Liability (FIREWALL) Act

This proposal would change the federal tax code to create a refundable tax credit for money taxpayers spend to reduce the risk of damage from disasters. In plain terms, “refundable” means you could get money back at tax time even if you owe little or no income tax. The bill points to a new section focused on “disaster mitigation expenditures.”

Key points:

• Who is affected: Taxpayers who spend money on disaster‑mitigation projects.
• What changes: A new refundable tax credit to help cover these costs.
• When: The provided text does not show timing or dollar amounts.

If enacted, this would lower out‑of‑pocket costs for preventive safety upgrades by giving people money back at tax time.