3.0.0 6233 2022-02-09T01:11:08Z 2022-02-09T01:11:08Z House HR 2020-03-12 116 [Congressional Record Volume 166, Number 48 (Thursday, March 12, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. COHEN:H.R. 6233.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8[Page H1670]]]> hswm00 Ways and Means Committee House Standing Referred to 2020-03-12T13:00:08Z Home Lead Safety Tax Credit Act of 2020 116 4908 S 2020-11-18 Read twice and referred to the Committee on Finance. Related bill CRS 2020-03-12 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2020-03-12 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-03-12 Introduced in House IntroReferral 1000 9 Library of Congress C001068 Rep. Cohen, Steve [D-TN-9] Steve Cohen D TN 9 N M001180 Rep. McKinley, David B. [R-WV-1] David McKinley R WV B. 1 2020-03-12 True K000386 Rep. Katko, John [R-NY-24] John Katko R NY 24 2020-03-12 True N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2020-03-12 True G000551 Rep. Grijalva, Raúl M. [D-AZ-3] Raúl Grijalva D AZ M. 3 2020-03-12 True C001072 Rep. Carson, Andre [D-IN-7] Andre Carson D IN 7 2020-03-13 False H001081 Rep. Hayes, Jahana [D-CT-5] Jahana Hayes D CT 5 2020-07-23 False Taxation Child health Child safety and welfare Hazardous wastes and toxic substances Income tax credits Residential rehabilitation and home repair Taxation 00 2020-03-12 Introduced in House 2020-04-01T13:22:54Z Home Lead Safety Tax Credit Act of 2020

This bill 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.

]]> Home Lead Safety Tax Credit Act of 2020 Display Title Home Lead Safety Tax Credit Act of 2020 Official Title as Introduced To amend the Internal Revenue Code of 1986 to provide a tax credit for taxpayers who remove lead-based hazards. Introduced in House IH Short Title(s) as Introduced Home Lead Safety Tax Credit Act of 2020 Introduced in House IH Introduced in House 2020-03-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr6233ih/xml/BILLS-116hr6233ih.xml 2020-03-12 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.