King, Cassidy Introduce Bipartisan Bill Offering Tax Credits to Working Waterfronts Affected by Natural Disasters
August 01, 2024
August 01, 2024
WASHINGTON, Aug. 1 -- Sen. Angus S. King Jr., I-Maine, issued the following news release:
Senators Angus King (I-ME) and Bill Cassidy (R-LA) are introducing bipartisan legislation to offer a disaster mitigation tax credit to working waterfronts located on the coasts and on navigable waterways. The Working Waterfronts Disaster Mitigation Tax Credit Act would provide working waterfronts with a 30 percent tax credit on up to $1 million in mitigation expenses, adjusted for inflation ann . . .
Senators Angus King (I-ME) and Bill Cassidy (R-LA) are introducing bipartisan legislation to offer a disaster mitigation tax credit to working waterfronts located on the coasts and on navigable waterways. The Working Waterfronts Disaster Mitigation Tax Credit Act would provide working waterfronts with a 30 percent tax credit on up to $1 million in mitigation expenses, adjusted for inflation ann . . .