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Proposal would create $15,000 lifetime tax credit for home accessibility modifications

2315515 · February 14, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Representative Mary Catherine Stone introduced a bill to provide individuals up to $15,000 in lifetime tax credits for home modifications that improve accessibility; a Vermonter with ALS testified about extensive out-of-pocket costs and remodeling challenges.

Representative Mary Catherine Stone introduced a bill in committee on Feb. 14 to create a lifetime individual tax credit of $15,000 for qualified home safety and accessibility expenses, including wheelchair ramps, stair lifts, widened doorways and bathroom renovations.

Stone, an occupational therapist from Burlington who said she works as a frontline health-care worker, framed the bill as a response to the high cost of home modifications and the financial strain on families caring for people with disabilities or age-related mobility loss.

"This bill would allow an individual to receive a tax credit of $15,000 in their lifetime for qualified expenses that enhance…

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