HB 1950 -- Income Tax:  Credit for Building Universal Design
Homes

Sponsor:  Boucher

This bill authorizes an income tax credit for building universal
design residential homes.

The one-time credit will be equal to $2,500 for any home built
meeting standards related to the home's entry, door handles,
hallways, interior doors, and bathroom size.

Builders of qualified structures must submit an application to
the Department of Economic Development for certification of the
tax credit before applying the credit to tax liability.

The credit will apply to tax year 2001 and thereafter.