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

Summary

Creates a new refundable federal tax credit that pays 35% of qualifying home accessibility improvements for eligible people (including those age 60, veterans and Social Security disability recipients, and people with a certified disability). The credit is capped at $10,000 per year and $30,000 over a lifetime and is reduced for higher-income taxpayers using set income thresholds and phaseout ranges. Eligibility includes the qualified person and a spouse or dependent who shares the same principal home; a physician certification is required for some claimants.

• Establishes a refundable tax credit equal to 35% of qualified home accessibility improvement costs.
• Limits credit use to $10,000 per year and $30,000 over a taxpayer's lifetime.
• Phases out the credit for higher-income taxpayers based on modified adjusted gross income.
• Defines eligible individuals to include people age 60, veterans with VA pension benefits, Social Security disability beneficiaries, and those with a physician disability certification.
• Allows the spouse or dependent who shares the same principal abode to claim the credit if they meet eligibility rules.
• Requires a physician meeting Medicare provider criteria to certify severe, long-term, or terminal impairments for disability-based eligibility.
• Adds a new Internal Revenue Code section (36C) to create and administer the credit.
• Refundability makes the credit available to low- and no-income taxpayers who have little or no income tax liability.