I
107TH CONGRESS
1ST SESSION
H. R. 2816
To amend the Internal Revenue Code of 1986 to allow a credit against
income tax for the purchase and installation of equipment to test for
radon and to remove radon from the air and water.
IN THE HOUSE OF REPRESENTATIVES
AUGUST 2, 2001
Mr. SIMMONS introduced the following bill; which was referred to the
Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to allow a
credit against income tax for the purchase and installa-
tion of equipment to test for radon and to remove radon
from the air and water.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘Raid on Radon Tax
Credit Act of 2001’’.
SEC. 2. CONGRESSIONAL FINDINGS.
The Congress finds that—
(1) the Federal Government has an historic
commitment to assisting areas of the Nation in need
of help protecting the public health,
(2) radon, an odorless, tasteless gas, has caused
over 14,000 deaths per year and exposure to radon
is the second leading cause of lung cancer in the
United States,
(3) because of the serious public health threat
radon produces, it is imperative that individuals and
localities test for radon in their homes and drinking
water and if discovered, radon should be remediated,
and
(4) because radon affects all parts of the Na-
tion and remediation typically costs between $500
and $2,500, it is in the national interest for the
Federal Government to promote such testing and re-
mediation measures.
SEC. 3. CREDIT FOR PURCHASE AND INSTALLATION OF
EQUIPMENT TO TEST FOR RADON AND TO RE-
MOVE RADON FROM THE AIR AND WATER.
(a) IN GENERAL.—Subpart C of part IV of sub-
chapter A of chapter 1 of the Internal Revenue Code of
1986 (relating to refundable credits) is amended by redes-
ignating section 35 as section 36 and by inserting after
section 34 the following new section:
‘‘SEC. 35. PURCHASE AND INSTALLATION OF EQUIPMENT
TO TEST FOR RADON AND TO REMOVE
RADON FROM THE AIR AND WATER.
‘‘(a) IN GENERAL.—In the case of an individual,
there shall be allowed as a credit against the tax imposed
by this subtitle for the taxable year an amount equal to
30 percent of the qualified radon testing and removal ex-
penses paid or incurred by the taxpayer during such year.
‘‘(b) MAXIMUM CREDIT.—The credit allowed to the
taxpayer by subsection (a) with respect to any residence
shall not exceed $1500, reduced by amounts allowed to
the taxpayer by subsection (a) with respect to such resi-
dence for all prior taxable years.
‘‘(c) QUALIFIED RADON TESTING AND REMOVAL EX-
PENSES.—For purposes of this section, the term ‘qualified
radon testing and removal expenses’ means expenses for
the purchase and installation of any of the following for
use in any residence of the taxpayer:
‘‘(1) A radon test.
‘‘(2) A radon removal system reviewed and ap-
proved by the National Radon Safety Board.’’
(b) CONFORMING AMENDMENTS.—
(1) Paragraph (2) of section 1324(b) of title
31, United States Code, is amended by inserting be-
fore the period ‘‘, or from section 35 of such Code’’.
(2) Subparagraph (A) of section 6411(b)(4) of
such Code is amended by striking ‘‘and 34’’ and in-
serting ‘‘, 34, and 35’’.
(3) The table of sections for subpart C of part
IV of subchapter A of chapter 1 of such Code is
amended by striking the last item and inserting the
following new items:
‘‘Sec. 35. Purchase and installation of equipment to test for radon
and to remove radon from the air and water.
‘‘Sec. 36. Overpayments of tax.’’.
(c) EFFECTIVE DATE.—The amendments made by
this section shall apply to amounts paid or incurred after
the date of the enactment of this Act, in taxable years
ending after such date.
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