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A bill to amend the Internal Revenue Code of 1986 to provide a refundable credit for certain home accessibility improvements.

Bill Number
S. 1315
Origin Chamber
Senate
Congress
119th Congress, Session 1
Policy Area
Taxation
Status
Introduced
Latest Action
2025-04-07: Read twice and referred to the Committee on Finance.
Last Updated
2025-12-05T22:51:51Z

AI-Generated Summary

Purpose

This legislation, S. 1315, aims to help individuals with disabilities or those aged 60 and older (and their spouses or dependents) afford modifications to their homes that improve accessibility. By providing a refundable tax credit, it encourages "aging in place" or independent living at home, reducing reliance on institutional care.

Key Provisions

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Sen. King, Angus S., Jr. [I-ME]

Cosponsors (1)

Sen. Welch, Peter [D-VT]

Recent Actions

Bill Versions

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