Sponsors (2)
The bill makes meaningful tax support available to help people with disabilities and seniors afford home accessibility improvements and remain independent, but its nonrefundable design, caps, filing restrictions, and administrative requirements limit reach and reduce benefits for the lowest‑income households and those needing large renovations.
People with disabilities and older adults who own or modify homes can lower their out-of-pocket costs for accessibility improvements through a tax credit equal to 35% of qualified expenditures (subject to annual and lifetime caps).
People with disabilities and seniors may be able to age or live independently at home longer because ramps, bathroom modifications, lifts, alarms, and similar accessibility improvements become more affordable.
Low- and lower-middle-income qualifying taxpayers receive targeted benefit and protections because the credit includes phaseout thresholds and inflation adjustments so the value is preserved over time for eligible households.
Low-income taxpayers and beneficiaries with little or no tax liability (often people on fixed incomes) may receive little or no benefit because the credit is nonrefundable.
Homeowners who need major renovations may still face large out-of-pocket costs because the credit has modest annual ($10,000) and lifetime ($30,000) caps that can be insufficient for extensive remodeling.
Middle-income families and other households above the phaseout thresholds could be excluded or receive reduced benefit, leaving some who face high renovation costs without full assistance.
Based on analysis of 2 sections of legislative text.
Establishes a new individual tax credit equal to 35% of qualifying home accessibility improvements, with $10,000/year and $30,000 lifetime caps and income-based phaseouts.
Introduced April 7, 2025 by Angus Stanley King · Last progress April 7, 2025
Creates a new individual tax credit for home accessibility improvements equal to 35% of qualifying expenditures, with a $10,000 annual cap and $30,000 lifetime cap, and income-based phaseouts by filing status. The credit targets older adults, people with disabilities, veterans, and their spouses/dependents who share a principal home and requires physician certification or entitlement to certain disability benefits; the statutory text describes the credit as nonrefundable while the section title indicates it is refundable.