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Tax Relief for Home Modifications for Seniors and Disabled Individuals

This bill aims to help homeowners finance improvements that enhance the safety and accessibility of their homes for aging or disabled adults. It allows penalty-free withdrawals from retirement plans and introduces a new tax deduction for such expenses, potentially easing the financial burden of home adaptations.
Key points
Allows penalty-free withdrawals of up to $30,000 from retirement plans for improvements to a primary residence that enhance accessibility, security, or safety for aging or disabled adults.
Introduces a new tax deduction of up to $30,000 for qualified home improvement expenditures for the same purposes, even if retirement funds are not used.
The changes apply to distributions made after December 31, 2021, and to expenses paid or incurred after December 31, 2022.
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Expired
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Additional Information
Print number: 117_HR_7676
Sponsor: Rep. Crist, Charlie [D-FL-13]
Process start date: 2022-05-06
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Home Modification for Accessibility Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_7676.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-05-06.

What are the main provisions?

Key points include:

  • Allows penalty-free withdrawals of up to $30,000 from retirement plans for improvements to a primary residence that enhance accessibility, security, or safety for aging or disabled adults.
  • Introduces a new tax deduction of up to $30,000 for qualified home improvement expenditures for the same purposes, even if retirement funds are not used.
  • The changes apply to distributions made after December 31, 2021, and to expenses paid or incurred after December 31, 2022.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Crist, Charlie [D-FL-13].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Taxes Real Estate Benefits