The Home Lead Safety Tax Credit Act creates a federal tax credit to help homeowners pay for removing lead hazards from homes built before 1978. Under the bill, taxpayers can claim a credit equal to 50 percent of their lead removal costs, with a maximum credit of $3,000 per year for full abatement measures (like removing lead paint or pipes) or $1,000 per year for less intensive interim control measures, capped at a cumulative $4,000 per home. Eligible costs include professional lead assessments, abatement work by certified contractors, interim control measures, cleanup and testing, and relocation expenses for occupants during the work. The legislation is aimed at addressing lead exposure in the approximately 22 million U.S. homes with lead hazards, particularly to protect children from the serious health effects of lead poisoning. The tax credit is temporary and expires on December 31, 2028, with the credit amounts adjusted annually for inflation starting in 2026.
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