Bill

Senior Accessible Housing Tax Credit Act of 2026

SB5216TaxationFiled

A bill to amend the Internal Revenue Code of 1986 to allow a credit against tax for qualified accessible housing expenses, and for other purposes.

Filed
In Committee
Passed Chamber
Final Approval

This bill proposes to change the Internal Revenue Code to let people get a tax credit for certain home improvements that make housing more accessible for people with disabilities. If passed, it would allow homeowners to deduct some of their expenses for these improvements from their taxes. This could affect anyone who has made or plans to make their home more accessible, such as installing ramps, widening doorways, or adding grab bars.

The bill was introduced on August 3, 2026, and was immediately referred to the Committee on Finance for further review. This is the first step in the legislative process, and it means the committee will now examine the bill's details and potential impacts.

So far, the bill has been read twice in the Senate and is under review by the finance committee. No further actions have been taken as of the last update. The bill's future will depend on the committee's recommendations and whether it moves forward in the legislative process.