In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.

[Q]: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Federal Student Loan Refinancing 
Act''.

SEC. 2. STUDENT LOAN CONSOLIDATION.

    Section 459B of the Higher Education Act of 1965 (20 U.S.C. 1087i-
2) is amended--
            (1) in subsection (a)(3), by striking ``section'' and 
        inserting ``subsection'';
            (2) in subsection (b), by striking ``this section'' and 
        inserting ``subsection (a)'' each place the term appears; and
            (3) by inserting at the end the following:
    ``(c) Temporary Loan Consolidation Authority for Certain Loans Made 
After July 1, 2006.--
            ``(1) Loan consolidation authority.--
                    ``(A) In general.--A borrower who has 1 or more 
                loans in a category described in subparagraph (B) may 
                consolidate all of the loans of the borrower that are 
                described in subparagraph (B) into a Federal Direct 
                Consolidation Loan during the period described in 
                subparagraph (C).
                    ``(B) Categories of loans that may be 
                consolidated.--The categories of loans that may be 
                consolidated under subparagraph (A) are loans made on 
                or after July 1, 2006, that are--
                            ``(i) loans made under this part;
                            ``(ii) loans purchased by the Secretary 
                        pursuant to section 459A; and
                            ``(iii) loans made under part B that are 
                        held by an eligible lender, as such term is 
                        defined in section 435(d).
                    ``(C) Time period in which loans may be 
                consolidated.--
                            ``(i) Federal direct loans.--In the case of 
                        a borrower who has 1 or more loans described 
                        under subparagraph (B)(i), the Secretary 
                        shall--
                                    ``(I) consolidate the loans 
                                described under subparagraph (B)(i) not 
                                later than 90 days after the date of 
                                enactment of the Federal Student Loan 
                                Refinancing Act; and
                                    ``(II) notify the borrower, in 
                                writing, prior to such consolidation 
                                that--
                                            ``(aa) the borrower's loans 
                                        under this part have been 
                                        consolidated at a lower 
                                        interest rate; and
                                            ``(bb) the borrower's 
                                        repayment plan and the other 
                                        terms and conditions of the 
                                        borrower's loan remain 
                                        unchanged.
                            ``(ii) Other loans.--In the case of a 
                        borrower who has 1 or more loans described 
                        under clause (ii) or (iii) of subparagraph (B), 
                        the Secretary shall--
                                    ``(I) initiate the loan 
                                consolidation process for the loans 
                                described under clause (ii) or (iii) of 
                                subparagraph (B), not later than 90 
                                days after the date of enactment of the 
                                Federal Student Loan Refinancing Act, 
                                by sending a completed loan 
                                consolidation application to the 
                                borrower;
                                    ``(II) notify the borrower, as part 
                                of such application, that a fee will be 
                                assessed and that the interest rate of 
                                the Federal Direct Consolidation Loan 
                                will be set in accordance with 
                                paragraph (2); and
                                    ``(III) notify the borrower, as 
                                part of such application, that if the 
                                borrower wishes to consolidate in 
                                accordance with the completed 
                                application, the borrower must endorse 
                                the application and submit the 
                                application to the Secretary not more 
                                than 6 months after receipt of the 
                                application.
            ``(2) Terms of loans.--The following terms and conditions 
        shall apply to a Federal Direct Consolidation Loan made under 
        this subsection:
                    ``(A) The applicable rate of interest on a Federal 
                Direct Consolidation Loan made under this subsection 
                shall be--
                            ``(i) 4 percent; or
                            ``(ii) in a case in which the weighted 
                        average of the interest rates on the 
                        outstanding loans of a borrower that will be 
                        consolidated is less than 4 percent, the lesser 
                        of--
                                    ``(I) the weighted average of the 
                                interest rates on the outstanding loans 
                                of a borrower that will be 
                                consolidated; or
                                    ``(II) a rate of interest equal 
                                to--
                                            ``(aa) 4 percent; minus
                                            ``(bb) 0.4 percent of the 
                                        principal balance of the 
                                        consolidation loan, at the time 
                                        of consolidation.
                    ``(B) In the case of a loan consolidated under 
                paragraph (1)(C)(ii), an origination fee equal to 0.4 
                percent of the principal balance of the consolidation 
                loan, at the time of consolidation, will be added to 
                the principal balance of the loan, and the Secretary 
                shall use the fee to cover the cost of making and 
                servicing the loan.
                    ``(C) If 1 or more of the loans being consolidated 
                is a loan described under paragraph (1)(B)(iii), the 
                interest rate on the Federal Direct Consolidation Loan 
                under this subsection shall be reduced by 0.25 percent.
                    ``(D) Any benefit a borrower is receiving or 
                earning at the time a Federal Direct Consolidation Loan 
                is issued under this subsection shall not be affected 
                by consolidation under this section, including benefits 
                such as a deferment or forbearance, accumulation of 
                monthly payments as part of the public service loan 
                forgiveness program under section 455(m), accumulation 
                of monthly payments toward a loan discharge under the 
                income-based repayment plan under section 493C, 
                participation in a particular repayment plan, and other 
                benefits to the borrower.''.

SEC. 3. EXEMPTIONS FROM OTHER LAWS.

    (a) Exemption From the Paperwork Reduction Act.--Chapter 35 of 
title 44, United States Code, shall not apply to this Act.
    (b) Inapplicability of Rulemaking Requirements.--Sections 482(c) 
and 492 of the Higher Education Act of 1965 (20 U.S.C. 1089(c), 1098a) 
and section 553 of title 5, United States Code, shall not apply to the 
amendments made by this Act, or to any regulations promulgated under 
such amendments.
[A]: Federal Student Loan Refinancing Act This bill amends title IV (Student Assistance) of the Higher Education Act of 1965 to allow borrowers that received loans under the William D. Ford Federal Direct Loan (DL) or Federal Family Education Loan (FFEL) program on or after July 1, 2006, to consolidate those loans as Federal Direct Consolidation Loans.  It directs the Department of Education (ED) to consolidate DLs, and send a completed loan consolidation application to FFEL borrowers, within 90 days of this bill's enactment. It gives FFEL borrowers six months after their receipt of such application to endorse it and submit it to ED if they wish to consolidate their loans. The bill sets the interest rate on Federal Direct Consolidation Loans at 4% or, if the weighted average of the interest rates of the loans being consolidated is less than 4%, the lesser of: (1) that weighted average, or (2) an interest rate equal to 0.4% of the principal balance of the consolidation loan at the time of consolidation. It adds an origination fee equal to 0.4% of the principal balance of the consolidation loan at the time of consolidation if an FFEL is being consolidated. It reduces the interest rate on a Federal Direct Consolidation Loan by 0.25% if one or more of the loans being consolidated is an FFEL held by an eligible lender. The bill prohibits any benefit a borrower is receiving or earning when issued a Federal Direct Consolidation Loan from being affected by the consolidation.


[Q]: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Puppies Assisting Wounded 
Servicemembers Act of 2017'' or the ``PAWS Act of 2017''.

SEC. 2. FINDINGS.

    Congress makes the following findings:
            (1) According to the analysis of veteran suicide published 
        by the Department of Veterans Affairs in August 2016 and titled 
        ``Suicide Among Veterans and Other Americans''--
                    (A) an average of 20 veterans died by suicide each 
                day in 2014;
                    (B) mental health disorders, including major 
                depression and other mood disorders, have been 
                associated with increased risk for suicide;
                    (C) since 2001, the proportion of users of the 
                Veterans Health Administration with mental health 
                conditions or substance use disorders has increased 
                from approximately 27 percent in 2001 to more than 40 
                percent in 2014; and
                    (D) overall, suicide rates are highest among 
                patients with mental health and substance use disorder 
                diagnoses who are in treatment and lower among those 
                who received a mental health diagnoses but were not at 
                risk enough to require enhanced care from a mental 
                health provider.
            (2) The Department of Veterans Affairs must be more 
        effective in its approach to reducing the burden of veteran 
        suicide connected to mental health disorders, including post-
        traumatic stress disorder, and a pilot program and study to 
        assess the benefits of pairing service dogs with veterans 
        suffering from mental health disorders would allow the 
        Department to better determine the efficacy of using service 
        dogs as a nontraditional therapy to ensure the well-being of 
        veterans.
            (3) Pairing a service dog with a veteran costs 
        approximately $25,000, including with respect to training of 
        the service dog as well as training of the veteran with the 
        service dog.

SEC. 3. DEPARTMENT OF VETERANS AFFAIRS PILOT PROGRAM TO PROVIDE GRANTS 
              FOR THE PROVISION OF SERVICE DOGS TO CERTAIN VETERANS 
              WITH SEVERE POST-TRAUMATIC STRESS DISORDER.

    (a) Grants.--The Secretary of Veterans Affairs shall carry out a 
pilot program under which the Secretary provides a $25,000 grant to an 
eligible organization for each veteran referred to that organization 
for a service dog pairing.
    (b) Benefits Provided.--
            (1) In general.--An organization that receives a grant 
        under subsection (a) shall provide the following for each 
        service dog and veteran participating in the pilot program:
                    (A) Coverage of a commercially available veterinary 
                health insurance policy to maintain the health of the 
                dog and keep the dog functioning in the prescribed role 
                for the life of the dog.
                    (B) Hardware, or repairs or replacements for 
                hardware, that are clinically determined to be required 
                by the dog to perform the tasks necessary to assist the 
                veteran with the diagnosed disorder of the veteran.
                    (C) Payments for travel expenses for the veteran to 
                obtain the dog, calculated in the same manner as 
                similar travel expenses provided pursuant to section 
                111 of title 38, United States Code.
            (2) Other travel expenses.--If a veteran is required to 
        replace a service dog provided pursuant to a grant under this 
        section, the Secretary shall pay for the travel expenses 
        described in paragraph (1)(C) required to obtain a new service 
        dog pursuant to subsection (c)(3), regardless of any other 
        benefits the veteran is receiving for the first service dog 
        under this section.
    (c) Eligible Organizations.--To be eligible to receive a grant 
under this section, an organization shall--
            (1) be a nonprofit organization that provides trained 
        service dogs--
                    (A) that--
                            (i) is certified by Assistance Dogs 
                        International;
                            (ii) on average, provides one-on-one 
                        training for each service dog and recipient for 
                        30 hours or more over 90 days or more;
                            (iii) provides a wellness verification from 
                        a licensed veterinarian for each service dog;
                            (iv) provides an in-house residential 
                        facility, or other accommodations nearby, in 
                        which service dog recipients stay for a minimum 
                        of 10 days while receiving at least 30 hours of 
                        training with their new service dog;
                            (v) ensures all service dogs pass the 
                        American Kennel Club Community Canine test and 
                        the ADI Public Access Test prior to permanent 
                        placement with a recipient; and
                            (vi) provides follow-up support service for 
                        the life of the service dog, to include a 
                        contact plan between the veteran and 
                        organization to allow--
                                    (I) the veteran to reach out for 
                                and receive adequate help with the 
                                service dog; and
                                    (II) the organization to 
                                communicate with the veteran to ensure 
                                that the service dog is being properly 
                                cared for; or
                    (B) that meets the Association of Service Dog 
                Providers for Military Veterans Service Dog Agency 
                Standards that cater to the unique needs of veterans 
                with post-traumatic stress disorder;
            (2) agree to cover all costs in excess of the grant amount 
        to guarantee the benefits listed under subsection (b)(1);
            (3) agree to reaccept or replace the service dog the 
        organization provided to the veteran, if necessary, as 
        determined by the organization and the veteran; and
            (4) submit to the Secretary an application containing such 
        information, certification, and assurances as the Secretary may 
        require.
    (d) Eligible Veterans.--
            (1) In general.--The Secretary of Veterans Affairs shall 
        review and approve veterans eligible to participate under this 
        section and shall refer approved veterans to eligible 
        organizations. The period beginning on the date on which a 
        veteran applies to participate under this section and the date 
        on which the Secretary makes an approval determination may not 
        exceed 90 days.
            (2) Initial eligibility.--For purposes of this section, an 
        eligible veteran is a veteran who is enrolled in the patient 
        enrollment system of the Department of Veterans Affairs under 
        section 1705 of title 38, United States Code, and--
                    (A) has been treated and has completed an 
                established evidence-based treatment for post-traumatic 
                stress disorder yet remains diagnosed with post-
                traumatic stress disorder by a qualified health care 
                provider as rated on the post-traumatic stress disorder 
                checklist (PCL-5);
                    (B) the health care provider or clinical team of 
                the Department of Veterans Affairs that is treating the 
                veteran for such disorder determines based upon medical 
                judgment that the veteran may potentially benefit from 
                a service dog; and
                    (C) agrees to successfully complete training 
                provided by an eligible organization pursuant to 
                subsection (c).
            (3) Ongoing eligibility.--To remain eligible to participate 
        in the pilot program, a veteran shall see the health care 
        provider or clinical team of the Department of Veterans Affairs 
        treating the veteran for such a disorder at least every six 
        months to determine, based on a clinical evaluation of 
        efficacy, whether the veteran continues to benefit from a 
        service dog.
            (4) Other cases.--If at any point, the veteran is no longer 
        able or willing to care for the service dog, the organization 
        that provided the service dog and the veteran shall determine 
        the appropriate recourse to ensure the safety of both the 
        veteran and the service dog.
    (e) Relationship to Department of Veterans Affairs Benefits.--The 
provision of a service dog to a veteran under this section is in 
addition to any other hospital care or medical service furnished by the 
Department for that veteran for post-traumatic stress disorder, and an 
improvement in symptoms as a result of the provision of a service dog 
shall not affect the eligibility of the veteran for any other benefit 
under the laws administered by the Secretary.
    (f) Metrics.--In carrying out this section, the Secretary shall--
            (1) develop metrics and other appropriate means to measure, 
        with respect to veterans participating in the pilot program, 
        the improvement in psychosocial function and therapeutic 
        compliance of such veterans and changes with respect to the 
        dependence on prescription narcotics and psychotropic 
        medication of such veterans; and
            (2) establish processes to document and track the progress 
        of such veterans under the pilot program in terms of the 
        benefits and improvements noted as a result of the pilot 
        program.
    (g) GAO Briefing and Study.--
            (1) Briefing.--Not later than one year after the date on 
        which the Secretary commences the pilot program under 
        subsection (a), the Comptroller General of the United States 
        shall provide to the Committees on Veterans' Affairs of the 
        House of Representatives and the Senate a briefing on the 
        methodology established for the pilot program.
            (2) Report.--Not later than 270 days after the date on 
        which the pilot program terminates, the Comptroller General 
        shall submit to the committees specified in paragraph (1) a 
        report on the pilot program. Such report shall include an 
        evaluation of the approach and methodology used for the pilot 
        program with respect to--
                    (A) helping veterans with severe post-traumatic 
                stress disorder return to civilian life;
                    (B) relevant metrics, including reduction in 
                metrics such as reduction in scores under the post-
                traumatic stress disorder checklist (PCL-5), 
                improvement in psychosocial function, and therapeutic 
                compliance; and
                    (C) reducing the dependence of participants on 
                prescription narcotics and psychotropic medication.
    (h) Authorization of Appropriations.--There is authorized to be 
appropriated for the period of fiscal year 2018 through fiscal year 
2023, $10,000,000 to carry out the pilot program under this section.
    (i) Offset.--The amounts otherwise authorized to be appropriated 
for Department of Veterans Affairs Office of Human Resources and 
Administration for the period of fiscal year 2018 through fiscal year 
2023 shall be reduced by $10,000,000.
    (j) Termination.--The authority to carry out a pilot program under 
this section shall terminate on the date that is five years after the 
date of the enactment of this Act. An eligible veteran in possession of 
a service dog furnished under the pilot program as of the termination 
of the pilot program may keep the service dog after the termination of 
the program for the life of the dog.
[A]: Puppies Assisting Wounded Servicemembers Act of 2017 or the PAWS Act of 2017 This bill directs the Department of Veterans Affairs (VA) to carry out a five-year pilot program under which it provides grants to eligible nonprofit organizations to provide service dogs to veterans who suffer from post-traumatic stress disorder after completing other evidence-based treatment. An organization that receives a grant shall provide for each participating service dog and veteran:  coverage by a commercially available veterinary health insurance policy, hardware clinically determined to be required by the dog to perform the tasks necessary to assist the veteran, payments for travel expenses to obtain the dog, and  travel expenses required to obtain a replacement service dog.  To be eligible for a grant, an organization must: (1) agree to cover all costs in excess of the grant amount to guarantee such benefits, (2) be certified by Assistance Dogs International, (3) provide one-on-one training for each service dog and recipient for 30 hours or more over 90 days or more, and (4) provide an in-house residential facility or other accommodations nearby in which service dog recipients stay for a minimum of 10 days while receiving at least 30 hours of training.  The VA shall develop metrics to measure the improvement in psychosocial function and therapeutic compliance and changes independence on prescription narcotics and psychotropic medication of veterans participating in the program. The Government Accountability Office must report to Congress on the methodology used for the pilot program.


[Q]: SECTION 1. SHORT TITLE; FINDINGS; PURPOSE.

    (a) Short Title.--This Act may be cited as the ``Home Lead Safety 
Tax Credit Act of 2005''.
    (b) Findings.--Congress finds that:
            (1) Of the 98,000,000 housing units in the United States, 
        38,000,000 have lead-based paint.
            (2) Of the 38,000,000 housing units with lead-based paint, 
        25,000,000 pose a hazard, as defined by Environmental 
        Protection Agency and Department of Housing and Urban 
        Development standards, due to conditions such as peeling paint 
        and settled dust on floors and windowsills that contain lead at 
        levels above Federal safety standards.
            (3) Though the number of children in the United States ages 
        1 through 5 with blood levels higher than the Centers for 
        Disease Control action level of 10 micrograms per deciliter has 
        declined to 300,000, lead poisoning remains a serious, entirely 
        preventable threat to a child's intelligence, behavior, and 
        learning.
            (4) The Secretary of Health and Human Services has 
        established a national goal of ending childhood lead poisoning 
        by 2010.
            (5) Current Federal lead abatement programs, such as the 
        Lead Hazard Control Grant Program of the Department of Housing 
        and Urban Development, only have resources sufficient to make 
        approximately 7,000 homes lead-safe each year. In many cases, 
        when State and local public health departments identify a lead-
        poisoned child, resources are insufficient to reduce or 
        eliminate the hazards.
            (6) Old windows typically pose significant risks because 
        wood trim is more likely to be painted with lead-based paint, 
        moisture causes paint to deteriorate, and friction generates 
        lead dust. The replacement of old windows that contain lead 
        based paint significantly reduces lead poisoning hazards in 
        addition to producing significant energy savings.
            (7) Childhood lead poisoning can be dramatically reduced by 
        the abatement or complete removal of all lead-based paint. 
        Empirical studies also have shown substantial reductions in 
        lead poisoning when the affected properties have undergone so-
        called ``interim control measures'' that are far less costly 
        than abatement.
    (c) Purpose.--The purpose of this section is to encourage the safe 
removal of lead hazards from homes and thereby decrease the number of 
children who suffer reduced intelligence, learning difficulties, 
behavioral problems, and other health consequences due to lead-
poisoning.

SEC. 2. HOME LEAD HAZARD REDUCTION ACTIVITY TAX CREDIT.

    (a) In General.--Subpart B of part IV of subchapter A of chapter 1 
of the Internal Revenue Code of 1986 (relating to foreign tax credit, 
etc.) is amended by adding at the end the following new section:

``SEC. 30D. HOME LEAD HAZARD REDUCTION ACTIVITY.

    ``(a) Allowance of Credit.--There shall be allowed as a credit 
against the tax imposed by this chapter for the taxable year an amount 
equal to 50 percent of the lead hazard reduction activity cost paid or 
incurred by the taxpayer during the taxable year for each eligible 
dwelling unit.
    ``(b) Limitation.--The amount of the credit allowed under 
subsection (a) for any eligible dwelling unit for any taxable year 
shall not exceed--
            ``(1) either--
                    ``(A) $3,000 in the case of lead hazard reduction 
                activity cost including lead abatement measures 
                described in clauses (i), (ii), (iv) and (v) of 
                subsection (c)(1)(A), or
                    ``(B) $1,000 in the case of lead hazard reduction 
                activity cost including interim lead control measures 
                described in clauses (i), (iii), (iv), and (v) of 
                subsection (c)(1)(A), reduced by
            ``(2) the aggregate lead hazard reduction activity cost 
        taken into account under subsection (a) with respect to such 
        unit for all preceding taxable years.
    ``(c) Definitions and Special Rules.--For purposes of this section:
            ``(1) Lead hazard reduction activity cost.--
                    ``(A) In general.--The term `lead hazard reduction 
                activity cost' means, with respect to any eligible 
                dwelling unit--
                            ``(i) the cost for a certified risk 
                        assessor to conduct an assessment to determine 
                        the presence of a lead-based paint hazard,
                            ``(ii) the cost for performing lead 
                        abatement measures by a certified lead 
                        abatement supervisor, including the removal of 
                        paint and dust, the permanent enclosure or 
                        encapsulation of lead-based paint, the 
                        replacement of painted surfaces, windows, or 
                        fixtures, or the removal or permanent covering 
                        of soil when lead-based paint hazards are 
                        present in such paint, dust, or soil,
                            ``(iii) the cost for performing interim 
                        lead control measures to reduce exposure or 
                        likely exposure to lead-based paint hazards, 
                        including specialized cleaning, repairs, 
                        maintenance, painting, temporary containment, 
                        ongoing monitoring of lead-based paint hazards, 
                        and the establishment and operation of 
                        management and resident education programs, but 
                        only if such measures are evaluated and 
                        completed by a certified lead abatement 
                        supervisor using accepted methods, are 
                        conducted by a qualified contractor, and have 
                        an expected useful life of more than 10 years,
                            ``(iv) the cost for a certified lead 
                        abatement supervisor, those working under the 
                        supervision of such supervisor, or a qualified 
                        contractor to perform all preparation, cleanup, 
                        disposal, and clearance testing activities 
                        associated with the lead abatement measures or 
                        interim lead control measures, and
                            ``(v) costs incurred by or on behalf of any 
                        occupant of such dwelling unit for any 
                        relocation which is necessary to achieve 
                        occupant protection (as defined under section 
                        35.1345 of title 24, Code of Federal 
                        Regulations).
                    ``(B) Limitation.--The term `lead hazard reduction 
                activity cost' does not include any cost to the extent 
                such cost is funded by any grant, contract, or 
                otherwise by another person (or any governmental 
                agency).
            ``(2) Eligible dwelling unit.--
                    ``(A) In general.--The term `eligible dwelling 
                unit' means, with respect to any taxable year, any 
                dwelling unit--
                            ``(i) placed in service before 1960,
                            ``(ii) located in the United States,
                            ``(iii) in which resides, for a total 
                        period of not less than 50 percent of the 
                        taxable year, at least 1 child who has not 
                        attained the age of 6 years or 1 woman of 
                        child-bearing age, and
                            ``(iv) each of the residents of which 
                        during such taxable year has an adjusted gross 
                        income of less than 185 percent of the poverty 
                        line (as determined for such taxable year in 
                        accordance with criteria established by the 
                        Director of the Office of Management and 
                        Budget).
                    ``(B) Dwelling unit.--The term `dwelling unit' has 
                the meaning given such term by section 280A(f)(1).
            ``(3) Lead-based paint hazard.--The term `lead-based paint 
        hazard' has the meaning given such term by section 745.61 of 
        title 40, Code of Federal Regulations.
            ``(4) Certified lead abatement supervisor.--The term 
        `certified lead abatement supervisor' means an individual 
        certified by the Environmental Protection Agency pursuant to 
        section 745.226 of title 40, Code of Federal Regulations, or an 
        appropriate State agency pursuant to section 745.325 of title 
        40, Code of Federal Regulations.
            ``(5) Certified inspector.--The term `certified inspector' 
        means an inspector certified by the Environmental Protection 
        Agency pursuant to section 745.226 of title 40, Code of Federal 
        Regulations, or an appropriate State agency pursuant to section 
        745.325 of title 40, Code of Federal Regulations.
            ``(6) Certified risk assessor.--The term `certified risk 
        assessor' means a risk assessor certified by the Environmental 
        Protection Agency pursuant to section 745.226 of title 40, Code 
        of Federal Regulations, or an appropriate State agency pursuant 
        to section 745.325 of title 40, Code of Federal Regulations.
            ``(7) Qualified contractor.--The term `qualified 
        contractor' means any contractor who has successfully completed 
        a training course on lead safe work practices which has been 
        approved by the Department of Housing and Urban Development and 
        the Environmental Protection Agency.
            ``(8) Documentation required for credit allowance.--No 
        credit shall be allowed under subsection (a) with respect to 
        any eligible dwelling unit for any taxable year unless--
                    ``(A) after lead hazard reduction activity is 
                complete, a certified inspector or certified risk 
                assessor provides written documentation to the taxpayer 
                that includes--
                            ``(i) evidence that--
                                    ``(I) the eligible dwelling unit 
                                passes the clearance examinations 
                                required by the Department of Housing 
                                and Urban Development under part 35 of 
                                title 40, Code of Federal Regulations,
                                    ``(II) the eligible dwelling unit 
                                does not contain lead dust hazards (as 
                                defined by section 745.227(e)(8)(viii) 
                                of such title 40), or
                                    ``(III) the eligible dwelling unit 
                                meets lead hazard evaluation criteria 
                                established under an authorized State 
                                or local program, and
                            ``(ii) documentation showing that the lead 
                        hazard reduction activity meets the 
                        requirements of this section, and
                    ``(B) the taxpayer files with the appropriate State 
                agency and attaches to the tax return for the taxable 
                year--
                            ``(i) the documentation described in 
                        subparagraph (A),
                            ``(ii) documentation of the lead hazard 
                        reduction activity costs paid or incurred 
                        during the taxable year with respect to the 
                        eligible dwelling unit, and
                            ``(iii) a statement certifying that the 
                        dwelling unit qualifies as an eligible dwelling 
                        unit for such taxable year.
            ``(9) Basis reduction.--The basis of any property for which 
        a credit is allowable under subsection (a) shall be reduced by 
        the amount of such credit (determined without regard to 
        subsection (d)).
            ``(10) No double benefit.--Any deduction allowable for 
        costs taken into account in computing the amount of the credit 
        for lead-based paint abatement shall be reduced by the amount 
        of such credit attributable to such costs.
    ``(d) Limitation Based on Amount of Tax.--The credit allowed under 
subsection (a) for the taxable year shall not exceed the excess of--
            ``(1) the sum of the regular tax liability (as defined in 
        section 26(b)) plus the tax imposed by section 55, over
            ``(2) the sum of the credits allowable under subpart A and 
        sections 27, 29, 30, 30A, 30B, and 30C for the taxable year.
    ``(e) Carryforward Allowed.--
            ``(1) In general.--If the credit amount allowable under 
        subsection (a) for a taxable year exceeds the amount of the 
        limitation under subsection (d) for such taxable year (referred 
        to as the `unused credit year' in this subsection), such excess 
        shall be allowed as a credit carryforward for each of the 20 
        taxable years following the unused credit year.
            ``(2) Rules.--Rules similar to the rules of section 39 
        shall apply with respect to the credit carryforward under 
        paragraph (1).''.
    (b) Conforming Amendments.--
            (1) Section 1016(a) of the Internal Revenue Code of 1986 is 
        amended by striking ``and'' in paragraph (36), by striking the 
        period and inserting ``, and'' in paragraph (37), and by 
        inserting at the end the following new paragraph:
            ``(38) in the case of an eligible dwelling unit with 
        respect to which a credit for any lead hazard reduction 
        activity cost was allowed under section 30D, to the extent 
        provided in section 30D(c)(9).''.
            (2) The table of sections for subpart B of part IV of 
        subchapter A of chapter 1 of such Code is amended by inserting 
        after the item relating to section 30C the following new item:

``Sec. 30D. Home lead hazard reduction activity.''.
    (c) Effective Date.--The amendments made by this section shall 
apply to lead hazard reduction activity costs incurred after December 
31, 2005, in taxable years ending after that date.
[A]:
Home Lead Safety Tax Credit Act of 2005 - Amends the Internal Revenue Code to allow a tax credit for 50 percent of the costs of reducing lead hazards in U.S. homes built before 1960 in which certain low-income children less than six years of age and women of child-bearing age reside. Allows a maximum credit of $3,000 for lead abatement costs and $1,000 for the cost of interim lead control measures.