Legislation to Allow the Deductibility of Contributions to Loss Reserves by Home Builders

NAHB urges to enact tax legislation that would permit home builders to treat as a tax-deductible expense contributions to a loss reserve fund, required in many states to cover potential long-term liabilities with their buyers.

Resolution reaffirmed: 05/2008

Resolution reaffirmed: 04/2004

Resolution reaffirmed: 05/2000

Resolution originally adopted: 09/1996, Resolution Number 1&

Committee with primary jurisdiction: Federal Government Affairs Committee

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