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Home Modification for Accessibility Act of 2022

12/29/2022, 11:48 PM

Summary of Bill HR 7676

Bill 117 HR 7676, also known as the Home Modification for Accessibility Act of 2022, aims to provide funding and support for individuals with disabilities to make necessary modifications to their homes in order to improve accessibility and independence. The bill recognizes the importance of ensuring that individuals with disabilities have the ability to live comfortably and safely in their own homes.

The key provisions of the bill include:

1. Establishing a grant program to provide financial assistance to individuals with disabilities for home modifications such as ramps, widened doorways, and accessible bathrooms. 2. Requiring the Department of Housing and Urban Development (HUD) to develop guidelines for home modifications that meet accessibility standards and ensure the safety and well-being of individuals with disabilities. 3. Providing funding for training programs for contractors and builders to ensure that they are equipped to make necessary modifications to homes in a safe and effective manner. 4. Creating a public awareness campaign to educate individuals with disabilities about the importance of home modifications and the resources available to them. Overall, the Home Modification for Accessibility Act of 2022 seeks to improve the quality of life for individuals with disabilities by making their homes more accessible and accommodating to their needs. By providing funding and support for home modifications, the bill aims to empower individuals with disabilities to live independently and comfortably in their own homes.

Congressional Summary of HR 7676

Home Modification for Accessibility Act of 2022

This bill allows distributions from a tax-exempt retirement plan, without penalty, for retirement home improvements to an individual's primary residence to improve for aging or disabled adults the accessibility, security, or safety of such residence. The bill limits the amount of such distributions to $30,000 for all taxable years.

The bill also excludes the amount of such distributions from the recipient's gross income, for income tax purposes, and allows a deduction for a taxpayer's retirement home improvement expenditures.

Current Status of Bill HR 7676

Bill HR 7676 is currently in the status of Bill Introduced since May 6, 2022. Bill HR 7676 was introduced during Congress 117 and was introduced to the House on May 6, 2022.  Bill HR 7676's most recent activity was Referred to the House Committee on Ways and Means. as of May 6, 2022

Bipartisan Support of Bill HR 7676

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
2
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7676

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 7676

Home Modification for Accessibility Act of 2022
Home Modification for Accessibility Act of 2022
To amend the Internal Revenue Code of 1986 to assist homeowners in making safety, security, and accessibility improvements to their homes.

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