Radon Gas Tax Relief Act of 1989
Official title: To amend the Internal Revenue Code of 1986 to afford tax relief to real estate developers, builders, and individuals who take measures to prevent radon from en… Show full official titleShow less
Official title: To amend the Internal Revenue Code of 1986 to afford tax relief to real estate developers, builders, and individuals who take measures to prevent radon from entering their buildings or homes, and to reimburse Federal employees for the cost of such measures when made incident to a transfer.
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Referred to the Subcommittee on Government Activities and Transportation.
Radon Gas Tax Relief Act of 1989 - Amends the Internal Revenue Code to permit a 40 percent nonrefundable income tax credit of up to $4,000 for expenditures made for radon testing in or below the taxpayer's principal residence and for the installation of property designed to reduce radon levels inside the residence.
Permits an income tax deduction (both individual and corporate) for radon prevention expenditures in connection with real property development, building construction or enlargement, and certain relocation dwellings.
Makes the tax credit and the tax deduction mutually exclusive with respect to the same expenditures.
Amends Federal law to make funds available for the reimbursement of Federal employees for radon protection expenditures necessary to overcome a substantial obstacle to the salability of a principal residence being sold in conjunction with a transfer to a new location.
- Introduced in House Formatted Text
Cite this page
U.S. Congress. (2026). H.R. 1362: Radon Gas Tax Relief Act of 1989. 101st Congress. Open America. https://openamerica.io/bill/101-HR-1362/
"H.R. 1362: Radon Gas Tax Relief Act of 1989." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-HR-1362/.
H.R. 1362, 101st Cong. (2026), https://openamerica.io/bill/101-HR-1362/.
[H.R. 1362: Radon Gas Tax Relief Act of 1989](https://openamerica.io/bill/101-HR-1362/)