S. 1583, The Storm Shelter Tax Relief Act

  • This item is from the 112th Congress (2011-2012) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
  • This bill, or a similar bill, was reintroduced in the current Congress as S. 1455, The Recovery Enhancement for Addiction Treatment Act.

S. 1583 would amend the Internal Revenue Code of 1986 to provide a tax deduction for the purchase, construction, and installation of a safe room or storm shelter.

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    Saves: $0.62 per
    and decreases their $162,301.27 share of the national debt by $0.62.
    (source info)

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