In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
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Question: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Standardization of Collegiate 
Oversight of Revenues and Expenditures Act'' or ``SCORE Act''.

SEC. 2. REPORTING BY INSTITUTIONS OF HIGHER EDUCATION ON ATHLETIC 
              REVENUE AND EXPENSES.

    Section 485(g) of the Higher Education Act of 1965 (20 U.S.C. 
1092(g)) is amended--
            (1) in paragraph (1), by adding at the end the following:
                    ``(K) The amount of revenue generated by each of 
                the following categories, disaggregated by each sports 
                team, if applicable:
                            ``(i) Ticket sales.
                            ``(ii) Student fees.
                            ``(iii) Distributions from any other 
                        intercollegiate athletic association, 
                        conference, or tournament.
                            ``(iv) Appearance guarantees and options.
                            ``(v) Contributions from alumni and others.
                            ``(vi) Compensation and benefits provided 
                        by third-party support.
                            ``(vii) Concessions, programs, novelties, 
                        and parking.
                            ``(viii) Broadcast and media rights, 
                        reported separately for television, radio, 
                        internet, and print.
                            ``(ix) Royalties, advertising, and 
                        sponsorship.
                            ``(x) Sports camps.
                            ``(xi) Endowment and investment income, 
                        reported separately for each source of such 
                        income.
                            ``(xii) Direct institutional support.
                            ``(xiii) Indirect institutional support for 
                        facilities, services, and administrative 
                        support.
                            ``(xiv) Direct government support, reported 
                        separately by State government, local 
                        government, Federal Government.
                    ``(L) The expenses attributable to each of the 
                following categories, disaggregated by each sports 
                team, as applicable:
                            ``(i) Grants-in-aid.
                            ``(ii) Guarantees and options.
                            ``(iii) Total salaries and benefits, and 
                        salaries and benefits paid by the institution 
                        and by third parties, respectively, to head 
                        coaches, to assistant coaches, and for 
                        administrative salaries.
                            ``(iv) Severance pay.
                            ``(v) Team travel.
                            ``(vi) Recruiting.
                            ``(vii) Equipment, uniforms, and supplies.
                            ``(viii) Fundraising.
                            ``(ix) Marketing and promotion.
                            ``(x) Game expenses.
                            ``(xi) Medical.
                            ``(xii) Membership dues.
                            ``(xiii) Sports camps.
                            ``(xiv) Spirit groups.
                            ``(xv) Transfers to the institution.
                            ``(xvi) Debt service payments.
                            ``(xvii) Athletic facility maintenance and 
                        rental.
                            ``(xviii) Indirect facilities and 
                        administrative support.
                            ``(xix) Education and general expenses of 
                        the institution--
                                    ``(I) including instruction, 
                                research, public service, academic 
                                support, student services, 
                                instructional support, and scholarships 
                                and fellowships; and
                                    ``(II) which do not include 
                                expenses with respect to auxiliary 
                                enterprises, hospitals, or independent 
                                operations.'';
            (2) in paragraph (5)--
                    (A) by striking ``the term'' and inserting the 
                following:
                    ``(A) the term'';
                    (B) by striking the period at the end inserting ``; 
                and''; and
                    (C) by adding at the end the following:
                    ``(B) the terms listed in each of the categories 
                under subparagraphs (K) through (L) of paragraph (1) 
                shall be defined by the Secretary by regulation, 
                developed in consultation with the Secretary of the 
                Treasury and the task force described in paragraph 
                (6)(A), and such definitions shall be updated in 
                accordance with paragraph (6)(B).''; and
            (3) by adding at the end the following:
            ``(6) Task force; definition updates.--
                    ``(A) Task force.--The Secretary shall appoint a 
                task force of nonprofit and higher education accounting 
                experts, professionals, and organizations representing 
                each of the following:
                            ``(i) Institutions of higher education that 
                        are members of division I of National 
                        Collegiate Athletic Association.
                            ``(ii) Institutions of higher education 
                        that are members of division II of National 
                        Collegiate Athletic Association.
                            ``(iii) Institutions of higher education 
                        that are members of division III of National 
                        Collegiate Athletic Association.
                    ``(B) Updating definitions.--The Secretary, on a 
                biannual basis and in consultation with the task force 
                described in subparagraph (A), shall review each 
                definition under paragraph (5)(B) and, if necessary, 
                update such definition in accordance with generally 
                accepted accounting principles or significant changes 
                in the national system of intercollegiate athletics.
            ``(7) Special rule.--An institution of higher education 
        that submits the information described in subparagraphs (K) 
        through (L) of paragraph (1) to an intercollegiate athletic 
        association for an academic year, and such information is 
        verified by an independent audit and certified by chancellor of 
        the institution, may, in lieu of submitting such information 
        under paragraph (1), request such association to directly 
        submit such information to the Secretary on behalf of the 
        institution for such academic year.''.

SEC. 3. PROGRAM REQUIREMENTS.

    Section 487(a) of the Higher Education Act of 1965 (20 U.S.C. 
1094(a)) is amended by adding at the end the following:
            ``(30)(A) An institution will not be a member of any 
        intercollegiate athletic association or participate in any 
        national intercollegiate athletics competition organized by any 
        person, unless such association or person reports, on an annual 
        basis, to the Secretary the following, disaggregated by sport, 
        athletic event, or contract, as applicable:
                            ``(i) Total generated revenue and amount of 
                        revenue generated by each of the following 
                        categories:
                                    ``(I) Total ticket sales.
                                    ``(II) Distributions from other 
                                intercollegiate athletic organization 
                                or person.
                                    ``(III) Cash contributions.
                                    ``(IV) Dues and other assessments 
                                from member institutions of higher 
                                education.
                                    ``(V) Third-party support.
                                    ``(VI) Merchandise.
                                    ``(VII) Concessions, programs, and 
                                novelties.
                                    ``(VIII) Broadcast and media 
                                rights, reported separately for 
                                television, radio, internet, and print.
                                    ``(IX) Endowment and investment 
                                income, reported separately for each 
                                source of such income.
                                    ``(X) Other corporate sponsorship.
                                    ``(XI) Royalties, advertising, and 
                                sponsorship.
                                    ``(XII) Net assets.
                                    ``(XIII) Direct government support, 
                                reported separately by State 
                                government, local government, or 
                                Federal Government.
                                    ``(XIV) Any other category 
                                determined appropriate by the 
                                Secretary.
                            ``(ii) Amount of expenses attributable to 
                        each of the following categories:
                                    ``(I) Disbursements to institutions 
                                of higher educations, athletic 
                                conferences, or other persons.
                                    ``(II) Salaries and benefits.
                                    ``(III) Severance pay.
                                    ``(IV) Equipment, uniforms, and 
                                supplies.
                                    ``(V) Fundraising.
                                    ``(VI) Marketing and promotion.
                                    ``(VII) Game expenses.
                                    ``(VIII) Medical.
                                    ``(IX) Facility construction.
                                    ``(X) Facility maintenance and 
                                rental.
                                    ``(XI) Capital investment.
                                    ``(XII) Debt service payments.
                                    ``(XIII) Charitable donations.
                                    ``(XIV) Any other category 
                                determined appropriate by the 
                                Secretary.
                            ``(iii) Executive compensation schedules.
                    ``(B) The Secretary shall--
                            ``(i) define by regulation, developed in 
                        consultation with the Secretary of the Treasury 
                        and the task force described in section 
                        485(g)(6)(A), the terms listed in each of the 
                        categories under subparagraphs (A); and
                            ``(ii) on a biannual basis and in 
                        consultation with such task force, review each 
                        definition under clause (i) and, if necessary, 
                        update such definition in accordance with 
                        generally accepted accounting principles or 
                        significant changes in the national system of 
                        intercollegiate athletics.''.

Answer: Standardization of Collegiate Oversight of Revenues and Expenditures Act or the SCORE Act - Amends title IV (Student Assistance) of the Higher Education Act of 1965 to require each coeducational institution of higher education (IHE) that is participating in a title IV program and has an intercollegiate athletic program to include in its annual report on its intercollegiate athletic program: (1) the amount of revenue generated by each item on a list of categorized sources, disaggregated by each sports team; and (2) the expenses attributable to each item on a list of categorized activities or obligations, disaggregated by each sports team. Prohibits an IHE from being a member of any intercollegiate athletic association or participating in any national intercollegiate athletics competition organized by any person, unless such association or person annually reports and disaggregates by sport, athletic event, or contract, as applicable: (1) the total generated revenue and amount of revenue generated by each item on a list of categorized sources, (2) the amount of expenses attributable to each item on a list of categorized activities or obligations, and (3) executive compensation schedules. Directs the Secretary of Education to: (1) define the categories of information that must be reported pursuant to this Act; and (2) biannually review and, as necessary, update each definition in accordance with generally accepted accounting principles or significant changes in the national system of intercollegiate athletics.  Directs the Secretary to appoint a task force, made up of representatives from division I, II, and III schools in the National Collegiate Athletic Association (NCAA), with which the Secretary is to consult in defining or redefining each category.


Question: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Enhanced Rescissions Act of 1993''.

SEC. 2. EXPEDITED CONSIDERATION OF CERTAIN PROPOSED RESCISSIONS.

    (a) In General.--Part B of title X of the Congressional Budget and 
Impoundment Control Act of 1974 (2 U.S.C. 681 et seq.) is amended by 
redesignating sections 1013 through 1017 as sections 1014 through 1018, 
respectively, and inserting after section 1012 the following new 
section:

       ``expedited consideration of certain proposed rescissions

    ``Sec. 1013. (a) Proposed Rescission of Budget Authority.--In 
addition to the method of rescinding budget authority specified in 
section 1012, the President may propose, at the time and in the manner 
provided in subsection (b), the rescission of any budget authority 
provided in an appropriations Act. Funds made available for obligation 
under this procedure may not be proposed for rescission again under 
this section or section 1012.
    ``(b) Transmittal of Special Message.--
            ``(1) Not later than 3 days after the date of enactment of 
        an appropriation Act, the President may transmit to Congress 
        one or more special messages proposing to rescind all or any 
        part of any item of budget authority provided in that Act and 
        include with each special message a draft bill or joint 
        resolution that, if enacted, would rescind each item of budget 
        authority (or part thereof) proposed to be rescinded.
            ``(2) Each special message shall specify, with respect to 
        the budget authority proposed to be rescinded, the matters 
        referred to in paragraphs (1) through (5) of section 1012(a).
    ``(c) Procedures for Expedited Consideration.--
            ``(1)(A) Before the close of the second day of continuous 
        session of the applicable House after the date of receipt of a 
        special message transmitted to Congress under subsection (b), 
        the majority leader or minority leader of the House of Congress 
        in which the appropriation Act involved originated shall 
        introduce (by request) the draft bill or joint resolution 
        accompanying that special message. If the bill or joint 
        resolution is not introduced as provided in the preceding 
        sentence, then, on the third day of continuous session of that 
        House after the date of receipt of that special message, any 
        Member of that House may introduce the bill or joint 
        resolution.
            ``(B) The bill or joint resolution shall be referred to the 
        Committee on Appropriations of that House. The committee shall 
        report the bill or joint resolution without substantive 
        revision and with or without recommendation. The bill or joint 
        resolution shall be reported not later than the seventh day of 
        continuous session of that House after the date of receipt of 
        that special message. If the Committee on Appropriations fails 
        to report the bill or joint resolution within that period, that 
        committee shall be automatically discharged from consideration 
        of the bill or joint resolution, and the bill or joint 
        resolution shall be placed on the appropriate calendar.
            ``(C) A vote on final passage of the bill or joint 
        resolution shall be taken in that House on or before the close 
        of the 10th calendar day of continuous session of that House 
        after the date of the introduction of the bill or joint 
        resolution in that House. If the bill or joint resolution is 
        agreed to, the Clerk of the House of Representatives (in the 
        case of a bill or joint resolution agreed to in the House of 
        Representatives) or the Secretary of the Senate (in the case of 
        a bill or joint resolution agreed to in the Senate) shall cause 
        the bill or joint resolution to be engrossed, certified, and 
        transmitted to the other House of Congress on the same calendar 
        day on which the bill or joint resolution is agreed to.
            ``(2)(A) A bill or joint resolution transmitted to the 
        House of Representatives or the Senate pursuant to paragraph 
        (1)(C) shall be referred to the Committee on Appropriations of 
        that House. The committee shall report the bill or joint 
        resolution without substantive revision and with or without 
        recommendation. The bill or joint resolution shall be reported 
        not later than the seventh day of continuous session of that 
        House after it receives the bill or joint resolution. A 
        committee failing to report the bill or joint resolution within 
        such period shall be automatically discharged from 
        consideration of the bill or joint resolution, and the bill or 
        joint resolution shall be placed upon the appropriate calendar.
            ``(B) A vote on final passage of a bill or joint resolution 
        transmitted to that House shall be taken on or before the close 
        of the 10th calendar day of continuous session of that House 
        after the date on which the bill or joint resolution is 
        transmitted. If the bill or joint resolution is agreed to in 
        that House, the Clerk of the House of Representatives (in the 
        case of a bill or joint resolution agreed to in the House of 
        Representatives) or the Secretary of the Senate (in the case of 
        a bill or joint resolution agreed to in the Senate) shall cause 
        the engrossed bill or joint resolution to be returned to the 
        House in which the bill or joint resolution originated.
            ``(3)(A) A motion in the House of Representatives to 
        proceed to the consideration of a bill or joint resolution 
        under this section shall be highly privileged and not 
        debatable. An amendment to the motion shall not be in order, 
        nor shall it be in order to move to reconsider the vote by 
        which the motion is agreed to or disagreed to.
            ``(B) Debate in the House of Representatives on a bill or 
        joint resolution under this section shall not exceed 4 hours, 
        which shall be divided equally between those favoring and those 
        opposing the bill or joint resolution. A motion further to 
        limit debate shall not be debatable. It shall not be in order 
        to move to recommit a bill or joint resolution under this 
        section or to move to reconsider the vote by which the bill or 
        joint resolution is agreed to or disagreed to.
            ``(C) Appeals from decisions of the Chair relating to the 
        application of the Rules of the House of Representatives to the 
        procedure relating to a bill or joint resolution under this 
        section shall be decided without debate.
            ``(D) Except to the extent specifically provided in the 
        preceding provisions of this subsection, consideration of a 
        bill or joint resolution under this section shall be governed 
        by the Rules of the House of Representatives.
            ``(4)(A) A motion in the Senate to proceed to the 
        consideration of a bill or joint resolution under this section 
        shall be privileged and not debatable. An amendment to the 
        motion shall not be in order, nor shall it be in order to move 
        to reconsider the vote by which the motion is agreed to or 
        disagreed to.
            ``(B) Debate in the Senate on a bill or joint resolution 
        under this section, and all debatable motions and appeals in 
        connection therewith, shall not exceed 10 hours. The time shall 
        be equally divided between, and controlled by, the majority 
        leader and the minority leader or their designees.
            ``(C) Debate in the Senate on any debatable motion or 
        appeal in connection with a bill or joint resolution under this 
        section shall be limited to not more than 1 hour, to be equally 
        divided between, and controlled by, the mover and the manager 
        of the bill or joint resolution, except that in the event the 
        manager of the bill or joint resolution is in favor of any such 
        motion or appeal, the time in opposition thereto, shall be 
        controlled by the minority leader or his designee. Such 
        leaders, or either of them, may, from time under their control 
        on the passage of a bill or joint resolution, allot additional 
        time to any Senator during the consideration of any debatable 
        motion or appeal.
            ``(D) A motion in the Senate to further limit debate on a 
        bill or joint resolution under this section is not debatable. A 
        motion to recommit a bill or joint resolution under this 
        section is not in order.
    ``(d) Amendments Prohibited.--No amendment to a bill or joint 
resolution considered under this section shall be in order in either 
the House of Representatives or the Senate. No motion to suspend the 
application of this subsection shall be in order in either House, nor 
shall it be in order in either House to suspend the application of this 
subsection by unanimous consent.
    ``(e) Requirement To Make Available for Obligation.--Any amount of 
budget authority proposed to be rescinded in a special message 
transmitted to Congress under subsection (b) shall be made available 
for obligation on the day after the date on which either House defeats 
the bill or joint resolution transmitted with that special message.
    ``(f) Definitions.--For purposes of this section--
            ``(1) The term `appropriation Act' means any general or 
        special appropriation Act, and any Act or joint resolution 
        making supplemental, deficiency, or continuing appropriations.
            ``(2) The continuity of a session of the Congress shall be 
        considered as broken only by an adjournment of the Congress 
        sine die, and the days on which either House is not in session 
        because of an adjournment of more than 3 days to a day certain 
        shall be excluded in the computation of the periods of 
        continuous session referred to in subsection (c) of this 
        section. If a special message is transmitted under this section 
        during any Congress and the last session of the Congress 
        adjourns sine die before the expiration of 10 calendar days of 
        continuous session (or a special message is transmitted after 
        the last session of the Congress adjourns sine die), the 
        message shall be deemed to have been transmitted on the first 
        day of the succeeding Congress and the periods of continuous 
        session referred to in subsection (c) of this section shall 
        commence on the day after such first day.''.
    (b) Exercise of Rulemaking Powers.--Section 904 of such Act (2 
U.S.C. 621 note) is amended--
            (1) by striking ``and 1017'' in subsection (a) and 
        inserting ``1013, and 1018''; and
            (2) by striking ``section 1017'' in subsection (d) and 
        inserting ``sections 1013 and 1018''.
    (c) Conforming Amendments.--
            (1) Section 1011 of such Act (2 U.S.C. 682(5)) is amended--
                    (A) in paragraph (4), by striking ``1013'' and 
                inserting ``1014''; and
                    (B) in paragraph (5)--
                            (i) by striking ``1016'' and inserting 
                        ``1017''; and
                            (ii) by striking ``1017(b)(1)'' and 
                        inserting ``1018(b)(1)''.
            (2) Section 1015 of such Act (2 U.S.C. 685) (as 
        redesignated by section 2(a)) is amended--
                    (A) by striking ``1012 or 1013'' each place it 
                appears and inserting ``1012, 1013, or 1014'';
                    (B) in subsection (b)(1), by striking ``1012'' and 
                inserting ``1012 or 1013'';
                    (C) in subsection (b)(2), by striking ``1013'' and 
                inserting ``1014''; and
                    (D) in subsection (e)(2)--
                            (i) by striking ``and'' at the end of 
                        subparagraph (A);
                            (ii) by redesignating subparagraph (B) as 
                        subparagraph (C);
                            (iii) by striking ``1013'' in subparagraph 
                        (C) (as so redesignated) and inserting 
                        ``1014''; and
                            (iv) by inserting after subparagraph (A) 
                        the following new subparagraph:
                    ``(B) he has transmitted a special message under 
                section 1013 with respect to a proposed rescission; 
                and''.
            (3) Section 1016 of such Act (2 U.S.C. 686) (as 
        redesignated by section 2(a)) is amended by striking ``1012 or 
        1013'' each place it appears and inserting ``1012, 1013, or 
        1014''.
    (d) Clerical Amendments.--The table of sections for subpart B of 
title X of such Act is amended--
            (1) by redesignating the items relating to sections 1013 
        through 1017 as items relating to sections 1014 through 1018; 
        and
            (2) by inserting after the item relating to section 1012 
        the following new item:

``Sec. 1013. Expedited consideration of certain proposed 
                            rescissions.''.

Answer: Enhanced Rescissions Act of 1993 - Amends the Congressional Budget and Impoundment Control Act of 1974 to allow the President to transmit to both Houses of the Congress, for expedited consideration, one or more special messages proposing to rescind all or part of any item of budget authority provided in an appropriation bill. 
Requires that such special message be transmitted not later than three days after the enactment of an appropriation bill and be accompanied by a draft bill or joint resolution that would, if enacted, rescind the budget authority proposed to be rescinded. 
Sets forth House and Senate procedures for the expedited consideration of such a proposal.


Question: SECTION 1. SHORT TITLE; FINDINGS; PURPOSE.

    (a) Short Title.--This Act may be cited as the ``Home Lead Safety 
Tax Credit Act of 2016''.
    (b) Findings.--Congress finds that:
            (1) Lead is a metal that can produce a wide range of health 
        effects in humans when ingested. Children are more vulnerable 
        to lead poisoning than adults.
            (2) Lead poisoning is a serious, entirely preventable 
        threat to a child's intelligence, behavior, and learning. In 
        severe cases, lead poisoning can result in death.
            (3) According to the Department of Housing and Urban 
        Development, approximately 23 million housing units nationwide 
        have at least one lead paint hazard.
            (4) In fiscal year 2015, funding for Federal lead abatement 
        programs, such as the Lead Hazard Control Grant Program, only 
        provided for lead abatement or ``interim control measures'' for 
        18,600 homes.
            (5) Childhood lead poisoning can be dramatically reduced by 
        the abatement or complete removal of all lead-based hazards. 
        Empirical studies also have shown substantial reductions in 
        lead poisoning when the affected properties have undergone 
        ``interim control measures'' that are 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 C of part IV of subchapter A of chapter 1 
of the Internal Revenue Code of 1986 is amended by inserting after 
section 36B the following new section:

``SEC. 36C. HOME LEAD HAZARD REDUCTION ACTIVITY.

    ``(a) Allowance of Credit.--
            ``(1) In general.--Subject to paragraph (2), there shall be 
        allowed as a credit against the tax imposed by this subtitle 
        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.
            ``(2) Election to apply costs to prior year.--For purposes 
        of this section, a taxpayer may elect to treat any lead hazard 
        reduction activity cost paid or incurred by the taxpayer during 
        the taxable year as having been paid or incurred during the 
        preceding taxable year.
    ``(b) Limitations.--
            ``(1) In general.--Subject to paragraph (3), the amount of 
        the credit allowed under subsection (a) for any eligible 
        dwelling unit for any taxable year shall not exceed--
                    ``(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).
            ``(2) Other tax credits.--In the case of any credit against 
        State or local tax liabilities which is allowable under the 
        laws of any State or political subdivision thereof to a 
        taxpayer with respect to any costs paid or incurred by the 
        taxpayer which would otherwise qualify as lead hazard reduction 
        activity costs under this section (referred to in this 
        paragraph as the `State or local tax credit amount'), the 
        amount of the credit allowed under subsection (a) for any 
        eligible dwelling unit for any taxable year (determined after 
        application of paragraph (1)) shall not exceed an amount equal 
        to the difference between--
                    ``(A) the lead hazard reduction activity cost paid 
                or incurred by the taxpayer during the taxable year for 
                such unit, and
                    ``(B) the State or local tax credit amount.
            ``(3) Limitation per residence.--The cumulative amount of 
        the credit allowed under subsection (a) for an eligible 
        dwelling unit for all taxable years shall not exceed $4,000.
    ``(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 hazard (as such 
                        terms are defined by the Secretary, in 
                        consultation with the Administrator of the 
                        Environmental Protection Agency),
                            ``(ii) the cost for performing lead 
                        abatement measures by a certified lead 
                        abatement supervisor (as such term is defined 
                        by the Secretary, in consultation with the 
                        Administrator of the Environmental Protection 
                        Agency), including the removal of paint, dust, 
                        or pipes, the permanent enclosure or 
                        encapsulation of lead-based paint or pipes, the 
                        replacement of painted surfaces, windows, or 
                        fixtures, or the removal or permanent covering 
                        of soil when lead-based hazards are present,
                            ``(iii) the cost for performing interim 
                        lead control measures to reduce exposure or 
                        likely exposure to lead-based hazards, 
                        including specialized cleaning, repairs, 
                        maintenance, painting, temporary containment, 
                        ongoing monitoring of lead-based 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 such term is defined by 
                        the Secretary, in consultation with the 
                        Administrator of the Environmental Protection 
                        Agency).
                    ``(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 1978,
                            ``(ii) located in the United States, and
                            ``(iii) the residents of which during the 
                        preceding taxable year have a cumulative 
                        adjusted gross income of less than $110,000.
                    ``(B) Dwelling unit.--The term `dwelling unit' has 
                the meaning given such term by section 280A(f)(1).
            ``(3) 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.
            ``(4) 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, after 
        lead hazard reduction activity is complete, a certified 
        inspector (as such term is defined by the Secretary, in 
        consultation with the Administrator of the Environmental 
        Protection Agency) or certified risk assessor provides written 
        documentation to the taxpayer that includes--
                    ``(A) evidence that--
                            ``(i) the eligible dwelling unit meets the 
                        lead hazard reduction criteria defined by the 
                        Secretary, in consultation with the 
                        Administrator of the Environmental Protection 
                        Agency, or
                            ``(ii) the eligible dwelling unit meets 
                        lead hazard evaluation criteria established 
                        under an authorized State or local program, and
                    ``(B) documentation showing that the lead hazard 
                reduction activity meets the requirements of this 
                section.
            ``(5) 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.
            ``(6) No double benefit.--Any deduction allowable for costs 
        taken into account in computing the amount of the credit for 
        lead-based abatement shall be reduced by the amount of such 
        credit attributable to such costs.
    ``(d) Inflation Adjustment.--In the case of any taxable year 
beginning in a calendar year after 2016, each of the dollar amounts in 
subsections (b) and (c)(2)(A)(iii) shall be increased by an amount 
equal to--
            ``(1) such dollar amount, multiplied by
            ``(2) the cost-of-living adjustment determined under 
        section 1(f)(3) for the calendar year in which the taxable year 
        begins, determined by substituting `calendar year 2015' for 
        `calendar year 1992' in subparagraph (B) thereof. Any increase 
        determined under the preceding sentence shall be rounded to the 
        nearest multiple of $100.''.
    (b) Conforming Amendments.--
            (1) Section 1324(b)(2) of title 31, United States Code, is 
        amended by inserting ``, 36C'' after ``36B''.
            (2) The table of sections for subpart C of part IV of 
        subchapter A of chapter 1 of the Internal Revenue Code of 1986 
        is amended by inserting before the item relating to section 37 
        the following new item:

``Sec. 36C. 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, 2015, in taxable years ending after that date.

Answer:
Home Lead Safety Tax Credit Act of 2016 This bill allows owners of eligible dwelling units a new tax credit for up to 50% of the lead hazard reduction activity costs for each such unit in a taxable year. An &quot;eligible dwelling unit&quot; is any unit located in the United States that was placed in service before 1978 and the residents of which during the preceding taxable year have a cumulative adjusted gross income of less than $110,000.  The bill: (1) specifies the types of lead hazard reduction activity costs eligible for the credit, including risk assessment and abatement costs; and (2) limits the amount of the credit in any taxable year to $3,000 for specified abatement measures and $1,000 for interim lead control measures.