Bill > HR6861

This bill, the Supporting Affordable Fire Emergency Hardening through Optimized Mitigation Efforts (SAFE HOME) Act, proposes to amend the Internal Revenue Code to provide a refundable tax credit of up to 25% of qualified wildfire mitigation expenditures, with a maximum credit of $25,000. The credit is available to individuals for expenses related to improving fire resistance of their primary residence, such as upgrading roof coverings, installing ignition-resistant construction materials, creating defensible space around the home, and purchasing equipment to prevent smoke inhalation. The credit phases out for individuals with an adjusted gross income above $200,000 and expires after December 31, 2032. The goal of the bill is to incentivize homeowners to take proactive measures to harden their homes against wildfires, which have become increasingly prevalent in recent years.