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S. 1708

BillFederalSenateIn Committee
A bill to amend the Internal Revenue Code of 1986 to establish a refundable tax credit for the installation of a storm shelter at a qualified residence.
About This Bill
Committee
Latest Action · June 4, 2019
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3219)
Introduced
June 4, 2019
Cosponsors (0)
None
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Storm Shelter Act of 2019 This bill establishes a one-time refundable tax credit of up to $2,500 for the costs of installing a storm shelter to be used at a taxpayer's principal residence. To qualify for the credit, the residence may not be valued at more than $250,000.

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