3.0.0 2875 2023-01-11T13:48:33Z 2023-01-11T13:48:33Z House HR 2021-04-28 117 [Congressional Record Volume 167, Number 73 (Wednesday, April 28, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. COHEN:H.R. 2875.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8[Page H2128]]]> hswm00 Ways and Means Committee House Standing Referred to 2021-04-28T22:02:05Z Home Lead Safety Tax Credit Act of 2021 117 1479 S 2021-04-29 Read twice and referred to the Committee on Finance. Identical bill CRS 2021-04-28 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2021-04-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-04-28 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 2021-04-28 True Taxation Child health Child safety and welfare Hazardous wastes and toxic substances Income tax credits Residential rehabilitation and home repair Taxation 00 2021-04-28 Introduced in House 2021-08-26T18:37:55Z 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.

]]> Home Lead Safety Tax Credit Act of 2021 Display Title Home Lead Safety Tax Credit Act of 2021 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 2021 Introduced in House IH Introduced in House 2021-04-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr2875ih/xml/BILLS-117hr2875ih.xml 2021-04-28 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.