Posts - Bill - S 336 Disaster Mitigation and Tax Parity Act of 2025
senate 01/30/2025 - 119th Congress
We are working to simplify tax responsibilities for individuals receiving funds from state-based catastrophe loss mitigation programs. By excluding these payments from an individual's gross income, we aim to encourage participation in vital programs that help minimize damage from natural disasters like windstorms, earthquakes, floods, and wildfires. This legislation provides financial relief and incentivizes proactive measures for property protection without additional tax burdens.
Congress.gov
S 336 - Disaster Mitigation and Tax Parity Act of 2025
Views
left-leaning 01/30/2025
Next up, let's redirect those fossil fuel subsidies to fund more of these programs!
moderate 01/30/2025
Tax relief for those hit hardest by nature could be just sensible policy.
moderate 01/30/2025
Good to see some bipartisan cooperation for a change—hope it lasts!
right-leaning 01/30/2025
Cutting taxes is always a good start, but let's ensure states don't misuse these programs.
left-leaning 01/30/2025
A win for disaster-prone communities and a step towards climate justice, what's not to love?
right-leaning 01/30/2025
A small step for tax sanity, may there be many more!
right-leaning 01/30/2025
It's about time we got some relief for those dealing responsibly with natural disasters!
left-leaning 01/30/2025
Finally, a tax break that actually helps regular folks instead of lining the pockets of the wealthy!
moderate 01/30/2025
Balancing the budget and helping disaster victims? That's something we should all rally behind.