US HB5251 | 2015-2016 | 114th Congress
Status
Sponsorship: Slight Partisan Bill (Democrat 3-1)
Status: Introduced on May 16 2016 - 25% progression, died in committee
Action: 2016-05-16 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 16 2016 - 25% progression, died in committee
Action: 2016-05-16 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Healthy Homes Tax Credit Act This bill amends the Internal Revenue Code to allow new tax credits for 50% of: (1) lead hazard reduction activity costs, (2) radon hazard reduction activity costs, and (3) asbestos hazard reduction activity costs. These costs must be incurred with respect to an eligible dwelling and the credit for such costs is generally limited to $5,000 for any eligible dwelling in any taxable year, reduced by costs taken into account in previous taxable years. The bill defines an "eligible dwelling" generally as a dwelling unit that is: (1) placed in service before 1950; (2) located in the United States; and (3) a house, apartment, condominium, mobile home, boat, or similar property, but not a unit used exclusively as a hotel, motel, inn, or similar establishment.
Title
Healthy Homes Tax Credit Act
Sponsors
| Rep. Elizabeth Esty [D-CT] | Rep. Rosa DeLauro [D-CT] | Rep. John Katko [R-NY] | Rep. Collin Peterson [D-MN] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-05-16 | House | Referred to the House Committee on Ways and Means. |
| 2016-05-16 | House | Introduced in House |
Same As/Similar To
SB2575 (Same As) 2016-02-24 - Read twice and referred to the Committee on Finance.
Subjects
Hazardous wastes and toxic substances
Income tax credits
Residential rehabilitation and home repair
Taxation
Income tax credits
Residential rehabilitation and home repair
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/house-bill/5251/all-info |
| Text | https://www.congress.gov/114/bills/hr5251/BILLS-114hr5251ih.pdf |
