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Tax Credit for Critical Businesses in Disaster-Prone Areas

This new law introduces a tax credit for businesses deemed critical, such as hospitals or gas stations, that invest in power generators in areas prone to floods or hurricanes. This aims to enhance their preparedness for natural disasters, leading to better functioning of essential services for citizens during difficult times. Consequently, in the event of power outages, critical facilities will be able to resume operations more quickly, ensuring access to necessary goods and services.
Key points
Critical businesses (e.g., hospitals, grocery stores, gas stations) can receive a 30% tax credit for purchasing and installing power generators.
The credit applies to generators installed in high-risk flood or hurricane areas, aiming to improve safety and service availability during crises.
The goal is to ensure the continuity of essential services for citizens in case of power outages caused by natural disasters.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_3549
Sponsor: Rep. Luttrell, Morgan [R-TX-8]
Process start date: 2025-05-21
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Critical Businesses Preparedness Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3549.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-05-21.

What are the main provisions?

Key points include:

  • Critical businesses (e.g., hospitals, grocery stores, gas stations) can receive a 30% tax credit for purchasing and installing power generators.
  • The credit applies to generators installed in high-risk flood or hurricane areas, aiming to improve safety and service availability during crises.
  • The goal is to ensure the continuity of essential services for citizens in case of power outages caused by natural disasters.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Luttrell, Morgan [R-TX-8].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Taxes Security Economy