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Sen. King Introduces Working Waterfront Disaster Mitigation Tax Credit Act

by MYRA TUGADE

WASHINGTON, Oct. 7 -- Sen. Angus S. King Jr., I-Maine, introduced the "Working Waterfront Disaster Mitigation Tax Credit Act " on July 31, 2024. The text of the bill was released on Sept. 29.

S. 4871. 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; to the Committee on Finance.

The bill is cosponsored by Se. Bill Cassidy, R-La.

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