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HR 4881 111th Congress House Taxation China Hazardous wastes and toxic substances Homelessness and emergency shelter Housing finance and home ownership Income tax credits Income tax deductions Residential rehabilitation and home repair

Toxic Drywall Homeowner Relief Act of 2010

Introduced: March 18, 2010 Introduced by: Wittman, Robert J. Republican · Virginia See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 18, 2010
Referred to the House Committee on Ways and Means.
Mar 18, 2010
Introduced in House
 Plain-English summary Congressional Research Service

Toxic Drywall Homeowner Relief Act of 2010 - Amends the Internal Revenue Code to allow a deduction from gross income for the cost of removing and remediating drywall installed in a principal residence between 2004 and 2009 which is reasonably believed to have been manufactured in China and which contains elevated levels of sulphur or strontium.

Allows an additional deduction for the taxpayer's alternative living costs, and a tax credit of up to $1,000 for the cost of moving from a principal residence to temporary lodging, while drywall in such residence is being evaluated, removed, and replaced.

Terminates the tax deductions and credit allowed by this Act after 2011.

What's happening now March 18, 2010

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1