WeVote
Log In

Bill

Bill

A 1850

Establishes a tax credit for personal property replacement as a result of bedbug infestation

2025 Regular Session Introduced by William Colton and 2 co-sponsors

Bill A 1850 offers a tax credit to homeowners and renters for replacing personal property lost to bedbug infestations, easing their financial burden and supporting local economies.

REFERRED TO WAYS AND MEANS
0
WeVote Research Nonpartisan
Bill Summary · A 1850

Summary of Bill A 1850

Bill Overview

  • Bill Number: A 1850
  • Title: Establishes a tax credit for personal property replacement as a result of bedbug infestation
  • Status: Referred to Ways and Means
  • Introduced On: January 14, 2025
  • Classification: Bill

Purpose and Intent

The primary purpose of Bill A 1850 is to provide financial relief to individuals and families who have suffered property loss due to bedbug infestations. The bill aims to establish a tax credit that would help offset the costs associated with replacing personal property that has been damaged or rendered unusable due to these pests.

Key Provisions

  • Tax Credit Establishment: The bill proposes the creation of a tax credit specifically for the replacement of personal property that has been affected by bedbug infestations.
  • Eligibility Criteria: While specific eligibility criteria are not detailed in the current version, it is expected that the bill will outline conditions under which individuals can claim the tax credit, potentially including proof of infestation and documentation of property loss.
  • Credit Amount: The exact amount of the tax credit has not been specified in the current text, but it is anticipated that it will be designed to cover a significant portion of replacement costs.

Affected Parties

  • Homeowners and Renters: Individuals who own or rent properties that have experienced bedbug infestations will be the primary beneficiaries of this tax credit.
  • Pest Control Services: The bill may indirectly benefit pest control companies as property owners seek professional services to eliminate infestations.
  • Local Economies: By providing financial relief, the bill could help stimulate local economies as affected individuals purchase replacement items.

Procedural Aspects

  • Legislative Process: As of January 14, 2025, the bill has been referred to the Ways and Means Committee for further consideration. This committee will review the bill's financial implications and make recommendations for its advancement.
  • Related Legislation: Bill A 1850 is related to several prior-session bills (A 231, A 692, A 1482, A 10081, A 483, A 1000, A 2201, A 720) that may address similar issues or provide context for the current legislative effort.

Conclusion

Bill A 1850 represents a proactive approach to addressing the financial burden faced by individuals dealing with bedbug infestations. By establishing a tax credit for personal property replacement, the bill seeks to alleviate some of the economic impacts of these pests, thereby supporting affected homeowners and renters. Further developments will be monitored as the bill progresses through the legislative process.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.