Bill · H.R. 1849· House(119-HR-1849)

Disaster Mitigation and Tax Parity Act of 2025

Age: 66 years

California

Introduced: 3/5/2025
Last activity: 2/4/2026 — ASSUMING FIRST SPONSORSHIP - Mr. Murphy asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 1849, a bill originally introduced by Representative LaMalfa, for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
Sponsored by: Doug LaMalfa
Cosponsors: - 14 - 18

Taxation

Introduced

What this bill would do

This bill, titled the "Disaster Mitigation and Tax Parity Act of 2025," aims to amend the Internal Revenue Code of 1986. It proposes to exclude certain amounts from gross income if they are received from State-based catastrophe loss mitigation programs. These payments must be made for the purpose of property improvements to reduce damage from windstorms, earthquakes, or wildfires. The bill applies to programs established by States, political subdivisions, joint powers authorities, or specific insurance-related entities under State oversight. The changes are intended to apply to taxable years beginning after December 31, 2020.

Yes· 3 of 7

Does this cut taxes for middle-income families?+5
The bill excludes qualified catastrophe mitigation payments from gross income, providing tax relief to property owners.
Would middle-income households be better off under this?+4
The tax exclusion provides a direct financial benefit to property owners for disaster mitigation improvements.
Does this improve help for people hit by a disaster?+4
The bill provides a financial mechanism for individuals to proactively mitigate the impact of windstorms, earthquakes, and wildfires.

The opposite

Does this reduce what the federal government spends?-2
The tax exclusion reduces federal tax revenue by allowing individuals to exclude mitigation payments from gross income.