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To amend the Internal Revenue Code of 1986 to provide a tax credit for taxpayers who remove lead-based hazards.
10/19/2024, 8:05 AM
Summary of Bill HR 10001
Bill 118 hr 10001, also known as the Lead-Free Homes Act, aims to amend the Internal Revenue Code of 1986 to provide a tax credit for taxpayers who remove lead-based hazards from their homes. Lead-based hazards, such as lead paint or contaminated water, can pose serious health risks, especially to children and pregnant women.
The bill proposes a tax credit to incentivize homeowners to take action to remove these hazards and create safer living environments. The tax credit would cover a portion of the costs associated with lead abatement, such as hiring professionals to remove lead-based paint or installing lead-free plumbing fixtures.
By providing this tax credit, the bill aims to reduce the prevalence of lead exposure in homes across the country and improve public health outcomes. Lead exposure has been linked to a range of health issues, including developmental delays, learning disabilities, and behavioral problems. Overall, the Lead-Free Homes Act seeks to protect vulnerable populations from the harmful effects of lead exposure and promote safer living environments for all Americans.
The bill proposes a tax credit to incentivize homeowners to take action to remove these hazards and create safer living environments. The tax credit would cover a portion of the costs associated with lead abatement, such as hiring professionals to remove lead-based paint or installing lead-free plumbing fixtures.
By providing this tax credit, the bill aims to reduce the prevalence of lead exposure in homes across the country and improve public health outcomes. Lead exposure has been linked to a range of health issues, including developmental delays, learning disabilities, and behavioral problems. Overall, the Lead-Free Homes Act seeks to protect vulnerable populations from the harmful effects of lead exposure and promote safer living environments for all Americans.
Read the Full Bill
Current Status of Bill HR 10001
Bill HR 10001 is currently in the status of Bill Introduced since October 18, 2024. Bill HR 10001 was introduced during Congress 118 and was introduced to the House on October 18, 2024. Bill HR 10001's most recent activity was Referred to the House Committee on Ways and Means. as of October 18, 2024
Bipartisan Support of Bill HR 10001
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 10001
Primary Policy Focus
Alternate Title(s) of Bill HR 10001
To amend the Internal Revenue Code of 1986 to provide a tax credit for taxpayers who remove lead-based hazards.
To amend the Internal Revenue Code of 1986 to provide a tax credit for taxpayers who remove lead-based hazards.
Comments
Sponsors and Cosponsors of HR 10001
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