To amend the Internal Revenue Code of 1986 to provide a tax credit for taxpayers who remove lead-based hazards.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide a tax credit for taxpayers who remove lead-based hazards., changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Energy, Environment.
Who Benefits and How
federal agencies and legislative administrators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HEC0B612C598D40B9B016B01606106844: 1. Short title; findings; purpose This Act may be cited as the Home Lead Safety Tax Credit Act of 2024. Congress finds that: Lead is a metal that can produce a...
- Section HA7816FE16692466293039BDEF6554407: 2. Home lead hazard reduction activity tax credit Subpart C of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by...
- Section H234E7C13BB0C4633B5746D355899FE9C: 36C. Home lead hazard reduction activity Subject to paragraph (2), there shall be allowed as a credit against the tax imposed by this subtitle for the taxable...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide a tax credit for taxpayers who remove lead-based hazards., changes federal law or congressional policy affecting federal agencies and legislative administrators.
Key Policy Areas
Government Operations, Energy, Environment
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to provide a tax credit for taxpayers who remove lead-based hazards., changes federal law or congressional policy affecting federal agencies and legislative administrators.
Policy Domains
Whole bill
Identified Gains
- federal agencies and legislative administrators
Identified Costs
- federal implementing agencies
Sponsors
Legislative Progress
IntroducedMr. Cohen introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → The Secretary identified in the operative section
- "administrator_of_epa"
- → Administrator of the Environmental Protection Agency
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology