Bill > S05276

This bill creates a disabled person retrofit tax credit that allows taxpayers to claim a tax credit equal to 30% of the cost of making qualified improvements to their primary residence, up to a maximum credit of $5,000 per dwelling. Qualified improvements include installing a no-step entrance, wider interior doors, reinforced bathroom walls for grab bars, and accessible light switches and outlets. The credit can be claimed starting in the 2024 tax year, and the total amount of credits available each year is capped at $1 million, allocated on a first-come, first-served basis.