HR8547-118

Introduced

To direct the Secretary of Housing and Urban Development to establish a universal design standards certification system and to establish a refundable tax credit for individuals and groups that construct or renovate buildings and residences, and for other purposes.

118th Congress Introduced May 23, 2024

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 direct the Secretary of Housing and Urban Development to establish a universal design standards certification system and to establish a refundable tax credit for individuals and groups that construct or renovate buildings and residences, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Finance, Veterans Affairs.

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 H4331EBDEC0FC455698FE173A04CD671A: 1. Short title This Act may be cited as the Universal Design Standard Tax Incentive Act.
  • Section H7BE8815A75FB4144A71D1E01D5C39D09: 2. Certification Not later than 1 year after the date of the enactment of this section, the Secretary of Housing and Urban Development, in coordination with...
  • Section H863B86ED3C254FD3821B8D269C353885: 3. Universal Design Standard Tax Credit Subpart B of part IV of subchapter A of the Internal Revenue Code of 1986 is amended by adding at the end the following...
  • Section H43A14209C30D4312B8D33F058999232F: 30E. Universal design standard credit There shall be allowed as a credit against the tax imposed by this chapter a credit in an amount equal to the sum of— 20...
  • Section HC9FF49F1500B40E4A7340618655C6720: 4. Reports to Congress Not later than 5 years after the date of enactment of this Act, the Secretary, in conjunction with the Commissioner, shall brief the...

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 direct the Secretary of Housing and Urban Development to establish a universal design standards certification system and to establish a refundable tax credit for individuals and groups that construct or renovate buildings and residences, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Key Policy Areas

Government Operations, Finance, Veterans Affairs

Primary Purpose

This bill, To direct the Secretary of Housing and Urban Development to establish a universal design standards certification system and to establish a refundable tax credit for individuals and groups that construct or renovate buildings and residences, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators.

Policy Domains

Government Operations Finance Veterans Affairs

Whole bill

Identified Gains
  • federal agencies and legislative administrators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal agencies and legislative administrators: , ,
Identified Costs
  • federal implementing agencies
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: , ,

Legislative Progress

Introduced
Introduced Committee Passed
May 23, 2024

Mr. Neguse 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?

Domains
Government Operations Finance Veterans Affairs
Actor Mappings
"the_commission"
→ The commission identified in the operative section
"secretary_of_treasury"
→ Secretary of the Treasury
"secretary_of_housing_and_urban_development"
→ Secretary of Housing and Urban Development

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