CARY, N.C. (June 30, 2016) . . .Bob Aquilino, president of Accessible Design & Build, Inc. (AD&B), announced support of House Resolution (HR) 5254 that was introduced to Congress on May 16, 2016, by representatives Patrick Murphy (D-FL), Bruce Poloquin (R-ME), and John Conyers (D-MI). If passed, the current bill will provide a $30,000 tax credit to homeowners, ages 60 and above, that will help make accessible improvements to their homes.
“Based on market trends we are seeing, more and more homeowners are choosing to age in place in their homes. They are either renovating or building accessible homes,” stated Aquilino. The bill includes tax credits for such things as installation of entrance and exit ramps, widening of doorways, installation of handrails or grab bars, installation of non-slip flooring, and other modifications.
“We know it is early in the process for this bill,” said Aquilino, “and we want to get out ahead of it and support it all the way to enactment. This is something that can help many, many people improve quality of life, at home.”
HR 5254 is currently in the House of Representatives’ Ways and Means Committee. The bill will be debated in the House, then go to the Senate Finance Committee and presented to the Senate. After the bill has been finalized, it will go to the president to be signed into law.