US HB6233 | 2019-2020 | 116th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 5-2)
Status: Introduced on March 12 2020 - 25% progression, died in committee
Action: 2020-03-12 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 12 2020 - 25% progression, died in committee
Action: 2020-03-12 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allows owners of eligible dwelling units a new tax credit for up to 50% of the lead hazard reduction activity costs for each such unit in a taxable year. An eligible dwelling unit is any unit located in the United States that was placed in service before 1978 and the residents of which during the preceding taxable year have a cumulative adjusted gross income of less than $160,000. 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.
Title
Home Lead Safety Tax Credit Act of 2020
Sponsors
Rep. Steve Cohen [D-TN] | Rep. David McKinley [R-WV] | Rep. John Katko [R-NY] | Rep. Eleanor Norton [D-DC] |
Rep. Raul Grijalva [D-AZ] | Rep. Andre Carson [D-IN] | Rep. Jahana Hayes [D-CT] |
History
Date | Chamber | Action |
---|---|---|
2020-03-12 | House | Referred to the House Committee on Ways and Means. |
2020-03-12 | House | Introduced in House |
Same As/Similar To
SB4908 (Related) 2020-11-18 - Read twice and referred to the Committee on Finance.
Subjects
Child health
Child safety and welfare
Hazardous wastes and toxic substances
Income tax credits
Residential rehabilitation and home repair
Taxation
Child safety and welfare
Hazardous wastes and toxic substances
Income tax credits
Residential rehabilitation and home repair
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/6233/all-info |
Text | https://www.congress.gov/116/bills/hr6233/BILLS-116hr6233ih.pdf |