H.R. 948

[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.
<all>