119-hr948

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 948 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 948

 To amend the Internal Revenue Code of 1986 to provide a refundable 
 credit against tax for wildfire mitigation expenditures.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 February 4, 2025

 Mr. Kiley of California introduced the following bill; which was 
 referred to the Committee on Ways and Means

_______________________________________________________________________

 A BILL

 To amend the Internal Revenue Code of 1986 to provide a refundable 
 credit against tax for wildfire mitigation expenditures.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Supporting Affordable Fire Emergency 
Hardening through Optimized Mitigation Efforts Act'' or the ``SAFE HOME 
Act''.

SEC. 2. REFUNDABLE PERSONAL CREDIT FOR WILDFIRE MITIGATION 
 EXPENDITURES.

    (a) In General.--Subpart C of part IV of subchapter A of chapter 1 
of the Internal Revenue Code of 1986 (relating to refundable credits) 
is amended by inserting after 

section 36B the following new section:

``

SEC. 36C. WILDFIRE MITIGATION EXPENDITURES.

 ``

    (a) Allowance of Credit.--In the case of an individual, there 
shall be allowed as a credit against the tax imposed by this chapter 
for the taxable year an amount equal to 25 percent of the qualified 
wildfire mitigation expenditures made by the taxpayer during such 
taxable year.
 ``

    (b) Maximum Credit.--
 ``

    (1) In general.--Subject to paragraphs

    (2) and

    (3) , the 
 credit allowed under subsection

    (a) for any taxable year shall 
 not exceed $25,000.
 ``

    (2) Phaseout.--
 ``
        (A) In general.--The amount under paragraph

    (1) for the taxable year shall be reduced (but not below 
 zero) by an amount which bears the same ratio to the 
 amount under such paragraph as--
 ``
            (i) the excess (if any) of--
 ``
            (I) the taxpayer's adjusted gross 
 income for such taxable year, over
 ``
            (II) $200,000, bears to
 ``
            (ii) $100,000.
 ``
        (B) Inflation adjustment.--In the case of any 
 taxable year after 2024, each of the dollar amounts 
 under subparagraph
        (A) shall be increased by an amount 
 equal to--
 ``
            (i) such dollar amount, multiplied by
 ``
            (ii) the cost-of-living adjustment 
 determined under 

section 1

    (f)

    (3) for the 
 calendar year in which the taxable year begins, 
 determined by substituting `calendar year 2023' 
 for `calendar year 2016' in subparagraph
        (A)
            (ii) thereof.
 ``
            (C) Rounding.--If any reduction determined under 
 subparagraph
        (A) is not a multiple of $50, or any 
 increase under subparagraph
        (B) is not a multiple of 
 $50, such amount shall be rounded to the nearest 
 multiple of $50.
 ``
            (c) === Definitions. ===
-For purposes of this section--
 ``

    (1) Qualified wildfire mitigation expenditure.--
 ``
        (A) In general.--The term `qualified wildfire 
 mitigation expenditure' means an expenditure relating 
 to a qualified dwelling unit--
 ``
            (i) for property to improve fire 
 resistance (not less than a class A rating) of 
 a roof covering,
 ``
            (ii) to install--
 ``
            (I) roof coverings, sheathing, 
 flashing, roof and attic vents, eaves, 
 or gutters that conform to ignition-
 resistant construction standards,
 ``
            (II) wall components for wall 
 assemblies that conform to ignition-
 resistant construction standards,
 ``
            (III) exterior walls, doors, 
 windows, or other exterior dwelling 
 unit elements that conform to ignition-
 resistant construction standards,
 ``
            (IV) exterior deck or fence 
 components that conform to ignition-
 resistant construction standards, or
 ``
            (V) structure-specific water 
 hydration systems, including fire 
 mitigation systems such as interior and 
 exterior sprinkler systems, or
 ``
            (iii) for services or equipment to--
 ``
            (I) create buffers around the 
 qualified dwelling unit through the 
 removal or reduction of flammable 
 vegetation, including vertical 
 clearance of tree branches,
 ``
            (II) create buffers around the 
 dwelling unit through--
 ``

    (aa) the removal of 
 exterior deck or fence 
 components or ignition-prone 
 landscape features, or
 ``

    (bb) replacement of the 
 components or features 
 described in item

    (aa) with 
 components that conform to 
 ignition-resistant construction 
 standards,
 ``
            (III) perform fire maintenance 
 procedures identified by the Federal 
 Emergency Management Agency or the 
 United States Forest Service, including 
 fuel management techniques such as 
 creating fuel and fire breaks,
 ``
            (IV) replace flammable vegetation 
 with less flammable species, or
 ``
            (V) prevent smoke inhalation, 
 such as air filters or other equipment 
 designed to prevent smoke from entering 
 the dwelling unit.
 ``
        (B) Exception.--The term `qualified wildfire 
 mitigation expenditure' shall not include any 
 expenditure or portion thereof which is paid, funded, 
 or reimbursed by a Federal, State, or local government 
 entity, or any political subdivision, agency, or 
 instrumentality thereof.
 ``

    (2) Qualified dwelling unit.--The term `qualified 
 dwelling unit' means a dwelling unit which is--
 ``
        (A) located--
 ``
            (i) in the United States or in a 
 territory of the United States, and
 ``
            (ii) in an area--
 ``
            (I) in which a Federal natural 
 disaster declaration has been made 
 within the preceding 10-year period 
 with respect to a wildfire,
 ``
            (II) which is adjacent to an area 
 described in subclause
            (I) ,
 ``
            (III) which, during the taxable 
 year or the period of the 10 taxable 
 years preceding such taxable year, has 
 received hazard mitigation assistance 
 through the Federal Emergency 
 Management Agency in regard to any 
 wildfire which, with respect to the 
 expenditure described in paragraph

    (1) which is made by the taxpayer, is 
 applicable to such expenditure, or
 ``
            (IV) which, with respect to any 
 taxable year, has been designated as a 
 community disaster resilience zone (as 
 defined in 

section 206

    (a) of the Robert 
 T. Stafford Disaster Relief and 
 Emergency Assistance Act (42 U.S.C. 
 5136

    (a) )) as the result of a wildfire, 
 and
 ``
        (B) used as a primary residence by the taxpayer.
 ``
            (d) Documentation.--Any taxpayer claiming the credit under this 
section shall provide the Secretary with adequate documentation 
regarding the specific qualified wildfire mitigation expenditures made 
by the taxpayer during the taxable year, as well as such other 
information or documentation as the Secretary may require.
 ``

    (e) Termination of Credit.--The credit allowed under this section 
shall not apply to wildfire mitigation expenditures made after December 
31, 2032.''.

    (b) Conforming Amendment.--The table of sections for subpart C of 
part IV of subchapter A of chapter 1 of such Code is amended by 
inserting after the item relating to 

section 36B the following new 
item:

``

Sec. 36C. Wildfire mitigation expenditures.''.
            (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2024.
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