Two industry-supported bills that would provide federal financial incentives to strengthen homes against major storms were introduced in the House the first week of June.

The Natural Disaster Mitigation Act, H.R. 2099, provides a tax credit to low-income homeowners who take action to protect their properties to reduce vulnerability to damage from natural disasters, such as earthquakes and hurricanes. The bill was introduced by Reps. Thomas Rooney (R-Fla.) and Bennie Thompson (D-Miss.).

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