HR. 948In Committee
SAFE HOME Act
Establishes a refundable tax credit through 2032 for wildfire mitigation improvements to eligible primary residences in wildfire-affected or designated risk areas
Plain-English overview
What this bill does
Establishes a refundable tax credit through 2032 for wildfire mitigation improvements to eligible primary residences in wildfire-affected or designated risk areas
Key points
- Establish refundable tax credit
- Limit eligible mitigation expenses
- Reduce credit for higher incomes
Current status
Where it stands
Status
In Committee
Latest action
2025-02-04 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation
