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Tax Credit for Lead Hazard Removal from Homes

This new act introduces a tax credit for homeowners who incur costs related to removing lead hazards from their properties. The aim is to protect health, especially children, from the harmful effects of lead, which can lead to developmental and learning problems. Through this credit, citizens can recover a portion of their expenses for safely removing lead hazards from their homes.
Key points
You can receive a 50% tax credit for lead hazard reduction costs, up to $3,000 for comprehensive abatement or $1,000 for interim control measures.
The cumulative credit amount per eligible dwelling unit cannot exceed $4,000.
The credit applies to homes built before 1978 and covers costs for risk assessment, lead abatement, interim control measures, and necessary relocation expenses.
To qualify, work must be performed by certified professionals, and completion must be documented in writing by a certified inspector or risk assessor.
The act aims to reduce the number of children suffering from health issues due to lead poisoning by encouraging safe lead removal from homes.
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Additional Information
Print number: 118_HR_10001
Sponsor: Rep. Cohen, Steve [D-TN-9]
Process start date: 2024-10-18
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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 Lead Safety Tax Credit Act of 2024

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_10001.

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 2024-10-18.

What are the main provisions?

Key points include:

  • You can receive a 50% tax credit for lead hazard reduction costs, up to $3,000 for comprehensive abatement or $1,000 for interim control measures.
  • The cumulative credit amount per eligible dwelling unit cannot exceed $4,000.
  • The credit applies to homes built before 1978 and covers costs for risk assessment, lead abatement, interim control measures, and necessary relocation expenses.
  • To qualify, work must be performed by certified professionals, and completion must be documented in writing by a certified inspector or risk assessor.
  • The act aims to reduce the number of children suffering from health issues due to lead poisoning by encouraging safe lead removal from homes.
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. Cohen, Steve [D-TN-9].

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 2025-12-24.

CATEGORIES

Taxes Health Real Estate