Home Lead Safety Tax Credit Act of 2021
- Last Action
- 4/28/2021
Actions
- 2021-04-28Referred to the House Committee on Ways and Means.
- 2021-04-28Introduced in House
- 2021-04-28Introduced in House
CRS Summary
As of 2021-04-28 (00)
Home Lead Safety Tax Credit Act of 2021
This bill allows owners of eligible dwelling units a new tax credit through 2024 for 50% of the lead hazard reduction activity costs for each such unit, up to an aggregate of $4,000 per unit. An eligible dwelling unit is any unit located in the United States that was placed in service before 1978.
The bill (1) specifies the types of lead hazard reduction activity costs eligible for the credit, including risk assessment and abatement costs; and (2) limits the amount of the credit in any taxable year to $3,000 for specified abatement measures and $1,000 for interim lead control measures.
Cosponsors (1)
- David McKinley (R-WV)
Subjects
- Child health
- Child safety and welfare
- Hazardous wastes and toxic substances
- Income tax credits
- Residential rehabilitation and home repair
Sourced from Congress.gov (public domain).
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