“To amend the Internal Revenue Code of 1986 to provide a tax credit for taxpayers who remove lead-based hazards.”
No CRS summary available for this bill.
This section cites the Act as the “Home Lead Safety Tax Credit Act of 2025”; sets forth congressional findings on the health risks of lead poisoning to children, including its preventability and prevalence in approximately 22 million U.S. housing units with lead paint hazards; and states the purpose of encouraging lead hazard removal from homes to reduce childhood lead poisoning.
This section establishes a new nonrefundable tax credit equal to 50% of qualified lead hazard reduction activity costs paid or incurred for each eligible dwelling unit (i.e., pre-1978 structures in the U.S.), with taxpayers allowed to elect treatment as prior-year costs. Qualified costs include certified risk assessments, lead abatement measures (e.g., paint/pipe removal or replacement), interim lead controls (e.g., cleaning, repairs with >10-year useful life), associated preparation/cleanup/disposal/clearance testing by certified supervisors or qualified contractors, and occupant relocation (excluding grant-funded costs), subject to annual limits of $3,000 for abatement measures and $1,000 for interim controls, a $4,000 lifetime limit per unit, and reduction by any state/local tax credits for the same costs. No credit is allowed without post-activity documentation from a certified inspector or risk assessor verifying compliance with federal or authorized state/local lead hazard criteria.