Income Tax Credit For Retrofitting Home For Health

The bill provides an income tax credit to an individual who retrofits or hires someone to retrofit the individual's residence. The bill specifies that the retrofit must: Be necessary to ensure the health, welfare, and safety of a qualified individual; Increase the residence's visitability; Enable greater accessibility and independence in the residence for a qualified individual; Be required due to illness, impairment, or disability of a qualified individual; and Allow a qualified individual to age in place.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More