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California Earthquake Authority applauds introduction of federal tax-parity legislation for disaster-mitigation incentives


California Earthquake Authority applauds introduction of federal tax-parity legislation for disaster-mitigation incentives
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Legislation sponsored by California congressional leaders would end federal taxation for CEA-funded seismic-retrofit grants, other programs
“We commend the bill sponsors for their hard work on this legislation and for recognizing that homeowners should not be forced to pay a tax penalty for making their homes safer and more resilient to earthquakes, wildfires and windstorms,” said CEA CEO Glenn Pomeroy.
SACRAMENTO, Calif. (PRWEB)
July 22, 2021
The California Earthquake Authority (CEA) applauds the introduction today of legislation led by members of California’s congressional delegation, which would exclude from federal taxation disaster-mitigation grants from an entity established by a state, such as the $3,000 grants CEA provides California homeowner ....

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