This bill allows certain disabled taxpayers a refundable income tax credit for 35% of their qualified home accessibility improvement expenditures paid in a taxable year. The bill imposes limitations on the credit, including an aggregate dollar limitation of $15,000 and an income eligibility limitation.
The bill defines qualified home accessibility improvement expenditures to include the cost of improvements to a residence to make it more accessible to a taxpayer who is blind or disabled. These expenditures include the installation of ramps and zero-step entrances, the widening of doors and hallways, and bathroom accessibility improvements.
The Department of the Treasury must issue regulations that specify any additional improvements eligible for the credit and the Internal Revenue Service must conduct an outreach strategy to inform the public of the availability of the credit.
[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7393 Introduced in House (IH)]
<DOC>
118th CONGRESS
2d Session
H. R. 7393
To amend the Internal Revenue Code of 1986 to provide a refundable
credit for certain home accessibility improvements.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 15, 2024
Ms. Stevens introduced the following bill; which was referred to the
Committee on Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to provide a refundable
credit for certain home accessibility improvements.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. REFUNDABLE TAX CREDIT FOR CERTAIN HOME ACCESSIBILITY
IMPROVEMENTS.
(a) In General.--Subpart C of part IV of subchapter A of chapter 1
of the Internal Revenue Code of 1986 is amended by adding at the end
the following new section:
``SEC. 36C. CREDIT FOR CERTAIN HOME ACCESSIBILITY IMPROVEMENTS.
``(a) In General.--In the case of an individual, there shall be
allowed as a credit against the tax imposed by this subtitle for any
taxable year an amount equal to 35 percent of the qualified home
accessibility improvement expenditures paid or incurred during such
taxable year with respect to a qualified individual of the taxpayer.
``(b) Limitations.--
``(1) Dollar limitation.--The aggregate amount of qualified
home accessibility improvement expenditures taken into account
under subsection (a) by any taxpayer for any taxable year shall
not exceed the excess (if any) of--
``(A) $15,000, over
``(B) the aggregate amount of such expenditures so
taken into account for all prior taxable years.
``(2) Income limitation.--
``(A) In general.--The amount allowable as a credit
under subsection (a) for any taxable year shall be
reduced (but not below zero) by an amount which bears
the same ratio to the amount so allowable (determined
without regard to this paragraph but with regard to
paragraph (1)) as--
``(i) the amount (if any) by which the
taxpayer's modified adjusted gross income
exceeds the applicable threshold amount, bears
to
``(ii) the applicable phaseout range.
``(B) Applicable threshold amount.--For purposes of
this paragraph, the term `applicable threshold amount'
means, with respect to any taxpayer--
``(i) $400,000, in the case of a joint
return or surviving spouse (as defined in
section 2),
``(ii) $200,000, in the case of a head of
household, and
``(iii) $200,000, in any other case.
``(C) Applicable phaseout range.--For purposes of
this paragraph, the term `applicable phaseout range'
means, with respect to any taxpayer--
``(i) $100,000, in the case of a joint
return or surviving spouse (as defined in
section 2),
``(ii) $75,000, in the case of a head of
household, and
``(iii) $50,000, in any other case.
``(D) Modified adjusted gross income.--For purposes
of this paragraph, the term `modified adjusted gross
income' means adjusted gross income determined without
regard to sections 911, 931, and 933.
``(c) Qualified Individual.--For purposes of this section--
``(1) In general.--The term `qualified individual' means,
with respect to any taxpayer for any taxable year--
``(A) such taxpayer if such taxpayer (either spouse
in the case of a joint return)--
``(i) is, at any time during such taxable
year, entitled, based on blindness or
disability, to--
``(I) pension benefits under title
38, United States Code, or
``(II) benefits under title II or
XVI of the Social Security Act,
``(ii) has (as of the close of such taxable
year) attained age 65 and is entitled (at any
time during such taxable year) to--
``(I) pension benefits under title
38, United States Code, or
``(II) benefits under title XVI of
the Social Security Act,
``(iii) has (as of the close of such
taxable year) attained the retirement age (as
defined in section 216(l) of the Social
Security Act) and is entitled (at any time
during such taxable year) to benefits under
title II of the Social Security Act, or
``(iv) has a disability certification filed
with the Secretary for such taxable year, and
``(B) the spouse or any dependent of the taxpayer
if such spouse or dependent--
``(i) meets the requirements of clause (i),
(ii), (iii), or (iv) of subparagraph (A), and
``(ii) has the same principal place of
abode as the taxpayer.
``(2) Disability certification.--
``(A) In general.--The term `disability
certification' means, with respect to an individual, a
certification to the satisfaction of the Secretary by a
physician meeting the criteria of section 1861(r)(1) of
the Social Security Act that--
``(i) certifies that the individual has a
medically determinable physical or mental
impairment, which results in marked and severe
functional limitations, and which can be
expected to result in death or which has lasted
or can be expected to last for a continuous
period of not less than 12 months, or is blind
(within the meaning of section 1614(a)(2) of
the Social Security Act), and
``(ii) includes a copy of the individual's
diagnosis relating to the individual's relevant
impairment or impairments, signed by such
physician.
``(B) Restriction on use of certification.--No
inference may be drawn from a disability certification
for purposes of establishing eligibility for benefits
under title II, XVI, or XIX of the Social Security Act.
``(d) Qualified Home Accessibility Improvement Expenditures.--For
purposes of this section--
``(1) In general.--The term `qualified home accessibility
improvement expenditures' means reasonable amounts paid or
incurred by the taxpayer to make qualified improvements to the
taxpayer's principal place of abode for the purpose of making
such place of abode more accessible to the individual with the
blindness or disability referred to in subsection (c).
``(2) Qualified improvements.--The term `qualified
improvements' means--
``(A) the installation of ramps,
``(B) the installation of zero-step entrances,
``(C) the widening of doors and hallways,
``(D) modifications of counters,
``(E) bathroom accessibility improvements,
``(F) installation, replacement, or modification of
appliances to make them more accessible to individuals
with a vision impairment, and
``(G) such other improvements as are specified by
the Secretary after consultation with the Secretary of
Health and Human Services.
``(e) Special Rules.--
``(1) Inflation adjustment.--In the case of any taxable
year beginning in a calendar year after 2023, each of the
dollar amounts in subsections (b)(1)(A), (b)(2)(B), and
(b)(2)(C) shall be increased by an amount equal to--
``(A) such dollar amount, multiplied by
``(B) the cost-of-living adjustment determined
under section 1(f)(3) for the calendar year in which
the taxable year begins, determined by substituting
`calendar year 2022' for `calendar year 2016' in
subparagraph (A)(ii) thereof.
Any increase determined under the preceding sentence which is
not a multiple of $50 shall be rounded to the nearest multiple
of $50.
``(2) Substantiation.--No credit shall be allowed under
this section unless the taxpayer provides (at such time and in
such manner as the Secretary may provide) such substantiation
of the taxpayer's eligibility for the credit allowed under this
section (and the amount thereof) as the Secretary may require.
``(3) Denial of double benefit.--To the extent that an
expenditure is used for this credit in a given year, it cannot
be used or applied towards another tax benefit in the same
taxable year by the same taxpayer.
``(4) Married individuals filing separate returns.--In the
case of any married individual who does not file a joint return
for the taxable year, no credit shall be allowed under this
section for such taxable year.''.
(b) Conforming Amendments.--
(1) Section 6211(b)(4)(A) of the Internal Revenue Code of
1986 is amended by inserting ``36C,'' after ``36B,''.
(2) Paragraph (2) of section 1324(b) of title 31, United
States Code, is amended by inserting ``36C,'' after ``36B,''.
(3) The table of sections for subpart C of part IV of
subchapter A of chapter 1 of the Internal Revenue Code of 1986
is amended by inserting after the item relating to section 36B
the following new item:
``Sec. 36C. Credit for certain home accessibility improvements.''.
(c) Issuance of Guidance by Secretary of the Treasury.--Not later
than 180 days after the date of the enactment of this Act, the
Secretary of the Treasury (or the Secretary's delegate) shall issue
regulations or other guidance under subsection (d)(2)(E) of section 36C
of the Internal Revenue Code of 1986 (as added by this section), which
the Secretary of the Treasury (or the Secretary's delegate) shall
ensure is publicly available on the internet, specifying the list of
additional improvements with respect to which credit is allowable under
such section. The Secretary shall biannually revise such list of
additional improvements.
(d) Accessability of Credit.--The Commissioner of Internal Revenue
shall make the credit allowed under section 36C of the Internal Revenue
Code of 1986 (as added by this section) as accessible as possible to
the public.
(e) Outreach.--The Commissioner of Internal Revenue shall conduct
an outreach strategy to the public with respect to the credit allowed
under section 36C of the Internal Revenue Code of 1986 (as added by
this section).
(f) Data Sharing by the Commissioner of Social Security and
Secretary of Veterans Affairs.--The Commissioner of Social Security and
the Secretary of Veterans Affairs shall each provide the Secretary of
the Treasury (or the Secretary's delegate) such information and
assistance as the Secretary of the Treasury (or the Secretary's
delegate) may require for purposes of administering section 36C of the
Internal Revenue Code of 1986 (as added by this section).
(g) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2025.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Social Security.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line