Disaster Mitigation and Tax Parity Act of 2025
Latest Action
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.
Official Summary
Disaster Mitigation and Tax Parity Act of 2025 This bill excludes from gross income, for federal income tax purposes, payments received from a state catastrophe loss mitigation program by an individual for the purpose of making improvements to the individual’s property that mitigate the impact of certain disasters. Under current law, individuals may exclude from gross income, for federal income tax purposes, payments received under the Robert T. Stafford Disaster Relief and Emergency Assistance Act or the National Flood Insurance Act (as in effect on April 15, 2005) for hazard mitigation. (Some exceptions apply.) Further, under current law, such payments do not increase the basis of the property for which the payments are made. The bill allows a similar exclusion from gross income for certain payments received by an individual from a program established by a state (or any political subdivision or instrumentality of the state),a joint powers authority, oran entity that was established by the state to provide essential or basic property insurance and is regulated by the state.Under the bill, such payments must be for making improvements to the individual’s property for the sole purpose of reducing damage that would be done to the property by a windstorm, earthquake, flood, or wildfire. Finally, the bill provides that such payments from a state catastrophe loss mitigation program do not increase the basis of the property for which the payments are made.
GovScope Watchdog™
AI Government Intelligence™H.R. 1849, titled the Disaster Mitigation and Tax Parity Act of 2025, is a bill introduced in the 119th Congress. As of the latest update, the bill has no publicly available summary or full text, limiting detailed analysis. The most recent action involved a procedural step where Mr. Murphy was recognized as the first sponsor to facilitate adding cosponsors and reprintings. The bill is currently in process in the House of Representatives, but no further legislative progress or policy details have been disclosed.
H.R. 1849 is a bill related to disaster mitigation and tax parity introduced in the House, but with no available summary or text, its specific provisions and impacts remain unclear.
- The bill is titled the Disaster Mitigation and Tax Parity Act of 2025, indicating a focus on disaster-related policies and tax issues.
- No official summary or full text is publicly available, limiting detailed understanding of its contents.
- The latest procedural action was the designation of a first sponsor to enable cosponsorship and reprinting, with no substantive legislative progress reported.
Due to the absence of detailed bill text or summary, it is not possible to identify specific beneficiaries. Generally, legislation with this title might aim to benefit disaster-affected communities, taxpayers, or related government agencies, but this cannot be confirmed from the available data.
Without access to the bill's text or summary, potential concerns such as implementation challenges, costs, authority delegation, oversight mechanisms, or policy tradeoffs cannot be assessed.
The bill was introduced in the House during the 119th Congress and is currently in process. The procedural action to assign a first sponsor suggests early-stage legislative activity. No further context on bipartisan support, committee referrals, or related legislative initiatives is available.
No hidden impact flags detected
GovScope reviewed 0 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.
GovScope did not receive a hidden-impact review for this bill.
Due to the lack of bill text and summary, indirect or second-order effects cannot be identified or analyzed.
The absence of an official summary and full bill text limits transparency and public understanding of H.R. 1849. Monitoring future disclosures and legislative actions will be necessary to provide a comprehensive analysis and oversight.
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