Working Waterfront Disaster Mitigation Tax Credit Act

Hozzl · 2025-08-27T03:24:40Z

Explore the details of Senate Bill 2538 Working Waterfront Disaster Mitigation Tax Credit Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

8/27/2025, 3:24 AM

Summary of Bill S 2538

This bill, designated as S. 2538 in the 119th Congress and introduced on July 30, 2025, aims to amend the Internal Revenue Code of 1986 to establish a credit specifically for hazard mitigation projects related to designated working waterfront properties.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill S 2538

Bill S 2538 is currently in the status of Bill Introduced since July 30, 2025. Bill S 2538 was introduced during Congress 119 and was introduced to the Senate on July 30, 2025. Bill S 2538's most recent activity was Read twice and referred to the Committee on Finance. as of July 30, 2025

Bipartisan Support of Bill S 2538

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 2538

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 2538

A bill to amend the Internal Revenue Code of 1986 to provide a credit for hazard mitigation projects in connection with certain working waterfront property.

Comments

Pablo Nichols

25,912

3 months ago

This bill is good for us. It helps protect our waterfronts from disasters. I like that. It gives tax credits to businesses that help with disaster mitigation. That's important.