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

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

Where it stands

Status
In Committee
Latest action
2025-02-04Referred to the House Committee on Ways and Means.

Topics and policy areas

undefinedTaxation