HR2749119th CongressWALLET

To amend the Internal Revenue Code of 1986 to provide a refundable credit for certain home accessibility improvements.

Sponsored By: Representative Stevens

Introduced

Summary

A refundable tax credit to help pay for home changes so seniors and people with disabilities can stay safely at home. This bill would create a new personal tax credit that covers a share of qualifying accessibility work on a taxpayer's principal residence.

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  • Older adults and people with disabilities would get help paying for ramps, bathroom and doorway changes, assistive tech, main-floor bedrooms, non-slip flooring, and similar work. The credit covers 35% of qualified expenses up to $10,000 per year.
  • Eligibility targets veterans with VA pension benefits, people entitled to Social Security benefits, those with a qualifying physician disability certification, and anyone age 60 or older; a spouse or dependent who shares the same home can also qualify.
  • The credit is refundable and phases out as income rises, with key thresholds at $400,000 for joint filers and $200,000 for other filers. Rules ban double-claiming the same expense, deny the credit to married filers filing separately, require documentation, direct Treasury to publish the list of eligible improvements, and mandate a GAO study on health and cost outcomes.

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 3 benefits, 0 costs, 0 mixed.

Refundable credit for home access upgrades

If enacted, you could claim a refundable tax credit for home accessibility work for a qualified person in your home. The credit equals 35% of costs, up to $10,000 of expenses per year ($3,500), and $30,000 lifetime ($10,500). It phases out with income: joint $400,000 to $500,000; head $200,000 to $275,000; others $200,000 to $250,000. Married filing separately could not claim it. A qualified person is age 60+, gets VA or Social Security disability, or has a doctor-certified disability. Eligible work includes ramps, bathroom upgrades, wider doors, lifts, and assistive tech. You must keep proof, and you cannot reuse the same costs for another tax break. Amounts would index for inflation starting in 2026, and the credit would apply to tax years beginning after December 31, 2024.

GAO study on credit impact

If enacted, GAO would study how the credit affects accessible housing, ER and hospital visits, and Medicare costs. GAO would also review indexing and whether to expand eligibility to renters, landlords, or builders. A report to Congress would be due within three years and posted online.

IRS outreach and approved upgrades list

If enacted, Treasury would post a public list of qualifying improvements within 180 days and update it every two years. The IRS would make the credit easy to use and run public outreach. Social Security and VA would share data to help the IRS verify who qualifies. These are administrative steps, not extra payments.

Sponsors & CoSponsors

Sponsor

Stevens

MI • D

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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