The Facilitating Increased Resilience, Environmental Weatherization And Lowered Liability (FIREWALL) Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 6473 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 6473 To amend the Internal Revenue Code of 1986 to provide a refundable credit against tax for disaster mitigation expenditures. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 4, 2025 Mr. Mullin (for himself and Ms. Salazar) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to provide a refundable credit against tax for disaster mitigation expenditures. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``The Facilitating Increased Resilience, Environmental Weatherization And Lowered Liability (FIREWALL) Act''. SEC. 2. REFUNDABLE PERSONAL CREDIT FOR DISASTER MITIGATION EXPENDITURES. (a) In General.--Subpart C of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 (relating to refundable credits) is amended by inserting after section 36B the following new section: ``SEC. 36C. DISASTER MITIGATION EXPENDITURES. ``(a) Allowance of Credit.--In the case of an individual, there shall be allowed as a credit against the tax imposed by this chapter for the taxable year an amount equal to 50 percent of the qualified disaster mitigation expenditures made by the taxpayer during such taxable year. ``(b) Maximum Credit.-- ``(1) In general.--Subject to paragraphs (2) and (3), the credit allowed under subsection (a) to any taxpayer for any taxable year shall not exceed the excess of-- ``(A) $25,000 (or, in the case of a married individual filing a separate return, 50 percent of such amount), over ``(B) the amount of credit allowed to the taxpayer under this section for all pr