CONGRESS: Memorializes the United States Congress to take such actions as are necessary to pass legislation allowing taxpayers to establish tax-advantaged catastrophe savings accounts for disaster-related expenses
Taken by the Clerk of the House and presented to the Secretary of State in accordance with the Rules of the House.
Summary
The resolution asks the United States Congress to pass a law that would let individuals open tax‑favored savings accounts to pay for disaster‑related costs. It would apply to any taxpayer who faces expenses from floods, hurricanes, or other catastrophic events. The measure points to similar programs already in four Southern states and cites the growing need for such a tool nationwide.
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