Income Tax Credit For Retroffitting A Home For Health Reasons
Concerning an extension of the income tax credit for retrofitting a residence to increase the residence's visitability.
2023 Regular Session
Fiscal Policy & Taxes
The bill extends for an additional 5 years the income tax credit for expenses incurred by a qualified individual in retrofitting the individual's residence to increase its accessibility for persons with disabilities. The bill also extends the credit carry-forward period from 5 to 8 years.
(Note: This summary applies to this bill as introduced.)