Title: Senior Accessible Housing Act
Policy area: Taxation

Summary:
Senior Accessible Housing Act
This bill amends the Internal Revenue Code to allow a nonrefundable personal tax credit for senior citizens who modify their residences to enhance their ability to remain living safely, independently, and comfortably in the residences.
The credit applies to up to $30,000 of the expenses that individuals who are at least 60 years old incur over their lifetime to make modifications to their residences, including:
The IRS must establish and maintain the list of acceptable modifications after consulting with the Department of Health and Human Services and receiving input from the public

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1780 Introduced in House (IH)]

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115th CONGRESS
  1st Session
                                H. R. 1780

 To amend the Internal Revenue Code of 1986 to provide a tax credit to 
seniors who install modifications on their residences that would enable 
             them to age in place, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 29, 2017

  Mr. Crist (for himself, Mr. Poliquin, Ms. Sinema, Mr. Donovan, Mr. 
  Garamendi, Ms. Moore, Ms. Norton, Ms. Michelle Lujan Grisham of New 
Mexico, Mr. Conyers, Mr. Butterfield, and Mr. Grijalva) 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 provide a tax credit to 
seniors who install modifications on their residences that would enable 
             them to age in place, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Senior Accessible Housing Act''.

SEC. 2. HOME MODIFICATION CREDIT FOR SENIORS.

    (a) In General.--Subpart A of part IV of subchapter A of chapter 1 
of the Internal Revenue Code of 1986 (relating to nonrefundable 
personal credits) is amended by inserting after section 25D the 
following:

``SEC. 25E. HOME MODIFICATION CREDIT FOR SENIORS.

    ``(a) Allowance of Credit.--In the case of a qualified individual, 
there shall be allowed as a credit against the tax imposed by this 
chapter for the taxable year an amount equal to the sum of all 
qualified expenditures made by the taxpayer with respect to a qualified 
residence during such year.
    ``(b) Lifetime Limitation.--The amount allowed as a credit under 
subsection (a) with respect to the taxpayer for any taxable year shall 
not exceed the excess (if any) of--
            ``(1) $30,000, over
            ``(2) the aggregate amount allowed as a credit under 
        subsection (a) to such taxpayer for all prior taxable years.
    ``(c) Definitions.--For purposes of this section--
            ``(1) Qualified individual.--The term `qualified 
        individual' means an individual who has attained 60 years of 
        age.
            ``(2) Qualified expenditure.--The term `qualified 
        expenditure' means an expenditure for any of the following 
        modifications installed on a qualified residence:
                    ``(A) The installation of entrance and exit ramps.
                    ``(B) The widening of doorways.
                    ``(C) The installation of handrails or grab bars.
                    ``(D) The installation of non-slip flooring.
                    ``(E) A modification that is included in a list 
                established and maintained in accordance with 
                subsection (d)(2).
            ``(3) Qualified residence.--The term `qualified residence' 
        has the meaning given that term in section 163(h)(4)(A).
    ``(d) Special Rules.--
            ``(1) Labor costs.--Expenditures for labor costs properly 
        allocable to the onsite preparation, assembly, or original 
        installation of a modification described under subsection 
        (c)(2) and for piping or wiring to interconnect such 
        modification to the dwelling unit shall be taken into account 
        for purposes of this section.
            ``(2) List of modifications.--The Secretary, in 
        consultation with the Secretary of Health and Human Services 
        and after receiving the input of members of the public 
        (including seniors groups, health organizations, and social 
        services organizations), shall establish and maintain a list of 
        any modification that, if installed on a residence of a 
        qualified individual, would enhance the ability of such 
        individual to remain living safely, independently, and 
        comfortably in such residence.
            ``(3) When expenditure made.--
                    ``(A) In general.--Except as provided in 
                subparagraph (B), a qualified expenditure shall be 
                treated as made when the original installation of the 
                modification is completed.
                    ``(B) Expenditures as part of building 
                construction.--In the case of a qualified expenditure 
                in connection with the construction or reconstruction 
                of a structure, such expenditure shall be treated as 
                made when the original use of the constructed or 
                reconstructed structure by the taxpayer begins.
    ``(e) Basis Adjustments.--For purposes of this subtitle, if a 
credit is allowed under this section for any expenditure with respect 
to any property, the increase in the basis of such property which would 
(but for this subsection) result from such expenditure shall be reduced 
by the amount of the credit so allowed.''.
    (b) Conforming Amendment.--Section 1016(a) of such Code is 
amended--
            (1) by redesignating paragraphs (35) through (37) as 
        paragraphs (36) through (38), respectively; and
            (2) by inserting after paragraph (34) the following new 
        paragraph:
            ``(35) to the extent provided in section 25E(e), in the 
        case of amounts with respect to which a credit has been allowed 
        under section 25E,''.
    (c) Clerical Amendment.--The table of sections for subpart A of 
part IV of subchapter A of chapter 1 of such Code is amended by 
inserting after the item relating to section 25D the following new 
item:

``Sec. 25E. Home Modification Credit for Seniors.''.
    (d) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2017.
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