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Home Lead Safety Tax Credit Act of 2021

USA117th CongressHR-2875| House 
| Updated: 4/28/2021
Steve Cohen

Steve Cohen

Democratic Representative

Tennessee

Cosponsors (1)
David B. McKinley (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline

Bill from Previous Congress

HR 116-6233
Home Lead Safety Tax Credit Act of 2020
Apr 28, 2021
Introduced in House
Apr 28, 2021
Referred to the House Committee on Ways and Means.
Apr 29, 2021

Latest Companion Bill Action

S 117-1479
Introduced in Senate
  • Bill from Previous Congress

    HR 116-6233
    Home Lead Safety Tax Credit Act of 2020


  • April 28, 2021
    Introduced in House


  • April 28, 2021
    Referred to the House Committee on Ways and Means.


  • April 29, 2021

    Latest Companion Bill Action

    S 117-1479
    Introduced in Senate

Taxation

Related Bills

  • S 117-1479: Home Lead Safety Tax Credit Act of 2021
Child healthChild safety and welfareHazardous wastes and toxic substancesIncome tax creditsResidential rehabilitation and home repair

Home Lead Safety Tax Credit Act of 2021

USA117th CongressHR-2875| House 
| Updated: 4/28/2021
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-6233
Home Lead Safety Tax Credit Act of 2020
Apr 28, 2021
Introduced in House
Apr 28, 2021
Referred to the House Committee on Ways and Means.
Apr 29, 2021

Latest Companion Bill Action

S 117-1479
Introduced in Senate
  • Bill from Previous Congress

    HR 116-6233
    Home Lead Safety Tax Credit Act of 2020


  • April 28, 2021
    Introduced in House


  • April 28, 2021
    Referred to the House Committee on Ways and Means.


  • April 29, 2021

    Latest Companion Bill Action

    S 117-1479
    Introduced in Senate
Steve Cohen

Steve Cohen

Democratic Representative

Tennessee

Cosponsors (1)
David B. McKinley (Republican)

Ways and Means Committee

Taxation

Related Bills

  • S 117-1479: Home Lead Safety Tax Credit Act of 2021
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Child healthChild safety and welfareHazardous wastes and toxic substancesIncome tax creditsResidential rehabilitation and home repair