S.1315

Provides a refundable tax credit for certain home accessibility improvements.

The bill amends the Internal Revenue Code to provide a refundable tax credit for certain home accessibility improvements. The credit is equal to 35 percent of the qualified home accessibility improvement expenditures paid or incurred during the taxable year. Qualified improvements include installing ramps, handrails, grab bars, and other modifications to make a residence more accessible. The credit is subject to dollar limitations and income limitations.