[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"current-user-roles":3,"user-subscription":3,"bill:119-hr-440":4},null,{"bill":5,"indexable":71,"summaries":72,"cosponsors":78,"cosponsorSlugs":124,"actions":134,"amendments":150,"amendmentSponsorSlugs":151,"linkages":152,"sponsorSlug":153},{"statusDate":6,"sponsor":7,"cboCostEstimates":16,"originChamber":17,"congress":18,"isByRequest":19,"title":20,"createdAt":21,"committeeReports":22,"onBehalfOfSponsor":3,"adminOverride":3,"amendmentCount":23,"actionCount":24,"popularTitle":3,"laws":3,"billType":25,"subjects":26,"introducedDate":6,"congressGovUrl":27,"constitutionalAuthority":28,"policyArea":29,"deletedAt":3,"latestAction":30,"billNumber":32,"status":33,"keyMilestoneCount":34,"policyAreaLower":35,"cosponsorCount":36,"cosponsorCountIncludingWithdrawn":36,"committees":37,"committeeCodes":47,"updateDate":48,"shortTitle":3,"officialTitle":3,"updatedAt":49,"searchTokens":50},"2025-01-15",{"firstName":8,"lastName":9,"district":10,"fullName":11,"middleName":12,"state":13,"party":14,"bioguideId":15},"Laurel","Lee","15","Rep. Lee, Laurel M. [R-FL-15]","M.","FL","R","L000597",[],"House",119,false,"READY Accounts Act","2026-05-10T18:55:34.571Z",[],0,3,"hr",[],"https:\u002F\u002Fwww.congress.gov\u002Fbill\u002F119th-congress\u002Fhouse-bill\u002F440","\u003Cpre>\n[Congressional Record Volume 171, Number 8 (Wednesday, January 15, 2025)]\n[House]\nFrom the Congressional Record Online through the Government Publishing Office [\u003Ca href=\"https:\u002F\u002Fwww.gpo.gov\">www.gpo.gov\u003C\u002Fa>]\nBy Ms. LEE of Florida:\nH.R. 440.\nCongress has the power to enact this legislation pursuant\nto the following:\nArticle 1 Section 8\n[Page H186]\n\u003C\u002Fpre>","Taxation",{"date":6,"text":31},"Referred to the House Committee on Ways and Means.",440,"in_committee",2,"taxation",9,[38],{"name":39,"systemCode":40,"chamber":17,"activities":41,"subcommittees":45,"type":46},"Ways and Means Committee","hswm00",[42],{"name":43,"date":44},"Referred To","2025-01-15T15:02:10Z",[],"Standing",[40],"2026-07-18T00:05:24Z","2026-07-18T12:03:16.539Z",[51,52,53,54,55,56,57,58,59,60,61,62,63,64,65,66,67,68,69,70,10],"ready","re","rea","read","accounts","ac","acc","acco","accou","accoun","account","act","rep","lee","laurel","la","lau","laur","laure","fl",true,[73],{"versionCode":74,"actionDate":6,"actionDesc":75,"text":76,"updateDate":77},"00","Introduced in House","\u003Cp>\u003Cstrong>READY Accounts Act\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>This bill establishes a new Residential Emergency Asset-accumulation Deferred Taxation Yield (READY) account, allows individuals to make tax-deductible contributions of up to $4,500 per year to such accounts (adjusted annually for inflation), and allows individuals to take tax-free distributions from such accounts to pay for qualified home disaster mitigation and recovery expenses related to a principal residence owned by the taxpayer.\u003C\u002Fp>\u003Cp>Under the bill, qualified home disaster mitigation expenses include expenses certified by a qualified industry professional as meeting criteria to mitigate damage from a natural or other disaster, including\u003C\u002Fp>\u003Cul>\u003Cli>installing a roofing underlayment to sheathing, impact-resistant windows, impact-resistant entry doors, or ground anchors;\u003C\u002Fli>\u003Cli>replacing a roof covering;\u003C\u002Fli>\u003Cli>applying a foam adhesive to reinforce the roof structure;\u003C\u002Fli>\u003Cli>strengthening the connection of the roof deck to roof framing, roof-to-wall connections, soffits, or attic ventilation openings;\u003C\u002Fli>\u003Cli>elevating a residence; or\u003C\u002Fli>\u003Cli>achieving the current building code standard.\u003C\u002Fli>\u003C\u002Ful>\u003Cp>Qualified home disaster recovery expenses include costs for repairing damage to a residence resulting from fire, storm, or other casualty (provided such costs are not reimbursed).\u003C\u002Fp>\u003Cp>Distributions from a READY account used for anything other than qualified home disaster mitigation and recovery expenses must be included in gross income and are subject to a 20% penalty. (Some exceptions apply.)\u003C\u002Fp>\u003Cp>Finally, the bill imposes a 6% tax on contributions in excess of the annual limit. (Some exceptions apply.) \u003C\u002Fp>","2025-03-19T19:25:19Z",[79,86,91,96,101,107,112,116,120],{"bioguideId":80,"fullName":81,"party":82,"state":83,"district":84,"sponsorshipDate":85,"isOriginalCosponsor":19,"withdrawn":19,"sponsorshipWithdrawnDate":3},"N000191","Rep. Neguse, Joe [D-CO-2]","D","CO","2","2026-07-14",{"bioguideId":87,"fullName":88,"party":14,"state":13,"district":89,"sponsorshipDate":90,"isOriginalCosponsor":19,"withdrawn":19,"sponsorshipWithdrawnDate":3},"R000609","Rep. Rutherford, John H. [R-FL-5]","5","2026-02-09",{"bioguideId":92,"fullName":93,"party":14,"state":13,"district":94,"sponsorshipDate":95,"isOriginalCosponsor":19,"withdrawn":19,"sponsorshipWithdrawnDate":3},"P000622","Rep. Patronis, Jimmy [R-FL-1]","1","2025-11-20",{"bioguideId":97,"fullName":98,"party":14,"state":99,"district":84,"sponsorshipDate":100,"isOriginalCosponsor":19,"withdrawn":19,"sponsorshipWithdrawnDate":3},"V000133","Rep. Van Drew, Jefferson [R-NJ-2]","NJ","2025-08-22",{"bioguideId":102,"fullName":103,"party":82,"state":104,"district":105,"sponsorshipDate":106,"isOriginalCosponsor":19,"withdrawn":19,"sponsorshipWithdrawnDate":3},"M001232","Rep. McClain Delaney, April [D-MD-6]","MD","6","2025-06-24",{"bioguideId":108,"fullName":109,"party":14,"state":13,"district":110,"sponsorshipDate":111,"isOriginalCosponsor":19,"withdrawn":19,"sponsorshipWithdrawnDate":3},"B001257","Rep. Bilirakis, Gus M. [R-FL-12]","12","2025-02-04",{"bioguideId":113,"fullName":114,"party":82,"state":13,"district":115,"sponsorshipDate":6,"isOriginalCosponsor":71,"withdrawn":19,"sponsorshipWithdrawnDate":3},"M001217","Rep. 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