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Working Waterfront Disaster Mitigation Tax Credit Act
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
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
1Democrat Sponsors
0Republican Sponsors
0Unaffiliated Sponsors
1Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 2538
Primary Policy Focus
TaxationAlternate 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.
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
Irene Brewer
451
3 months ago
This bill is so bad, it will hurt us all. I don't know what they are thinking with this. It's going to make things worse for everyone. Who is going to suffer because of this?
Tru Foster
413
3 months ago
This bill is good for us old folks in DC. How does it help others?
Elia Spivey
402
3 months ago
I can't believe this bill is even being considered! It's outrageous that they want to give tax credits for disaster mitigation on working waterfronts. This is just another example of government overreach and wasteful spending. It's time for our elected officials to start focusing on real issues that actually benefit the American people, not just lining the pockets of special interest groups. #NotMyTaxDollars
Sponsors and Cosponsors of S 2538
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