Tillis Co-Introduces Bipartisan Legislation to Help Prepare Homeowners for Natural Disasters
June 16, 2023
June 16, 2023
WASHINGTON, June 16 -- Sen. Thom Tillis, R-North Carolina, issued the following news release on June 15, 2023:
Senator Thom Tillis recently co-introduced the Disaster Mitigation and Tax Parity Act, bipartisan legislation that will exempt rebates that homeowners receive for hardening their homes against natural disasters from federal taxes.
"Federal taxes being taken out of a North Carolina homeowner's rebate is the last thing they should have to think about if . . .
Senator Thom Tillis recently co-introduced the Disaster Mitigation and Tax Parity Act, bipartisan legislation that will exempt rebates that homeowners receive for hardening their homes against natural disasters from federal taxes.
"Federal taxes being taken out of a North Carolina homeowner's rebate is the last thing they should have to think about if . . .