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Shelter Act
3/18/2024, 9:07 PM
Summary of Bill HR 4305
The Shelter Act, also known as Bill 118 hr 4305, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to provide funding and support for shelters that serve individuals experiencing homelessness.
The Shelter Act proposes to allocate federal funds to expand and improve existing shelters, as well as to establish new shelters in areas where there is a high need. The bill also aims to increase access to supportive services, such as mental health counseling and job training, for individuals staying in these shelters.
Additionally, the Shelter Act includes provisions to address the root causes of homelessness, such as lack of affordable housing and economic instability. The bill calls for increased collaboration between federal, state, and local governments, as well as non-profit organizations, to develop comprehensive solutions to homelessness. Overall, the Shelter Act seeks to provide a more robust and effective response to the issue of homelessness in the United States. By investing in shelters and supportive services, the bill aims to help individuals experiencing homelessness find stability and ultimately transition to permanent housing.
The Shelter Act proposes to allocate federal funds to expand and improve existing shelters, as well as to establish new shelters in areas where there is a high need. The bill also aims to increase access to supportive services, such as mental health counseling and job training, for individuals staying in these shelters.
Additionally, the Shelter Act includes provisions to address the root causes of homelessness, such as lack of affordable housing and economic instability. The bill calls for increased collaboration between federal, state, and local governments, as well as non-profit organizations, to develop comprehensive solutions to homelessness. Overall, the Shelter Act seeks to provide a more robust and effective response to the issue of homelessness in the United States. By investing in shelters and supportive services, the bill aims to help individuals experiencing homelessness find stability and ultimately transition to permanent housing.
Congressional Summary of HR 4305
Shelter Act
This bill allows individual and business taxpayers a new tax credit for 25% of qualified disaster mitigation expenditures. The credit is limited to $2,500 and $5,000 for individual taxpayers and business taxpayers respectively.
The bill defines qualified disaster mitigation expenditures to include expenditures to modify or improve a dwelling unit located in an area in which a federal natural disaster declaration has been made within the preceding five-year period.
Read the Full Bill
Current Status of Bill HR 4305
Bill HR 4305 is currently in the status of Bill Introduced since June 22, 2023. Bill HR 4305 was introduced during Congress 118 and was introduced to the House on June 22, 2023. Bill HR 4305's most recent activity was Referred to the House Committee on Ways and Means. as of June 22, 2023
Bipartisan Support of Bill HR 4305
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
12Democrat Cosponsors
6Republican Cosponsors
6Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 4305
Primary Policy Focus
TaxationAlternate Title(s) of Bill HR 4305
Shelter Act
To amend the Internal Revenue Code of 1986 to provide a credit against tax for disaster mitigation expenditures.
Shelter Act
Comments
Sponsors and Cosponsors of HR 4305
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