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Grim Reaping

Grim Reaping
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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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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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Several Earthquakes Shake Lake Tahoe – With A Big One Overdue, Is It Coming Soon?

Multiple earthquakes rattled the Lake Tahoe region on Friday, the latest in a sequence that began in late April. Many in the area are now wondering what's next? ....

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Sylmar quake anniversary a good reminder to get insurance, prepare your home

Sylmar quake anniversary a good reminder to get insurance, prepare your home
KABC
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Like many Southern California homeowners, David Beilfuss thinks about the next big earthquake and wants to make sure his house will survive.
Like many people in California I m house-rich and cash-poor and I have to protect the biggest investment that I have, says Beilfuss.
He protected his house by retrofitting the foundation, bolting it down.
But in case of a catastrophic event he also has earthquake insurance. Bolting the home made that insurance more affordable.
Earthquake insurance went down considerably because they know the risk is much less, he says. ....

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