Multigenerational Renovation Tax Credit

Summary#

The bill would create a tax credit for expenses related to renovating homes for multigenerational living. The available information does not explain who could claim the credit or which renovations would qualify.

What it means for you#

If enacted, the bill could offer a tax credit for some multigenerational home renovation expenses. The eligibility rules are not provided.

Expenses#

No publicly available information about the credit amount or the federal cost.

Proponents' View#

No publicly available information.

Opponents' View#

No publicly available information.