HR 4861
Working Waterfront Disaster Mitigation Tax Credit Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 13, 2026, 4:11 PM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill creates a tax credit for businesses and property owners undertaking disaster mitigation projects on working waterfront properties. The credit, worth up to 30% of qualified investments, is designed to help these businesses recover from natural disasters and improve resilience. The credit is subject to limitations, including a $300,000 cap and a 10-year restriction on consecutive credits, and is tied to specific types of projects like elevation, flood risk reduction, and shoreline stabilization. The credit will increase with inflation starting in 2026.
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