,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #cdbb  ,,in ,,the ,,house ,,of  
,,representatives  ,october #cj1        
#bjac,mr4 ,langevin 7for himself1 ,mr4  
,cook1 and ,mr4 ,hastings of ,florida7  
introduced the following bill2 which was
 referred to the ,committee on ,ways and
 ,means  ,a ,,bill  ,to amend the       
,internal ,revenue ,code of #aihf to    
allow a credit for veteran first-time   
homebuyers and for adaptive housing and 
mobility improvements for disabled      
veterans1 and for other purposes4  #a4  
,short title ,this ,act may be cited as 
the ,veterans ,homebuyer ,accessibility 
,act of #bjac4  #b4 ,veteran first-time 
homebuyer tax credit  7a7 ,in general   
,subsection 7a7 of section #cf of the   
,internal ,revenue ,code of #aihf is    
amended to read as follows3  7a7        
,allowance of credit ,in the case of an 
eligible veteran who purchases a        
principal residence in the ,united      
,states during the taxable year1 there  
shall be allowed as a credit against the

 tax imposed by this subtitle for such  
taxable year an amount equal to #aj     
percent of the purchase price of the    
residence4  4  7b7 ,additional          
limitation for adaptive housing         
improvements ,paragraph 7#a7 of section 
#cf7;b7 of such ,code is amended by     
redesignating subparagraphs 7,b71 7,c71 
and 7,d7 as subparagraphs 7,c71 7,d71   
and 7,e71 respectively1 and by inserting
 after subparagraph 7,a7 the following  
new subparagraph3  7,b7 ,special rule   
for adaptive housing improvements ,in   
the case of a principal residence with  
special fixtures or movable facilities  
made necessary by the nature of the     
disability of the veteran1 if such      
fixtures and facilities are-- 7i7       
provided to the veteran pursuant to     
specially adapted housing assistance    
under chapter #ag or #ba of title #ch1  
,united ,states ,code1 or  7ii7 similar 
to such fixtures and facilities that    
would be provided to the veteran if the 
veteran received such assistance1  then 

subparagraph 7,a7 shall be increased by 
the lesser of #h1jjj or the portion of  
the purchase price of the principal     
residence attributable such fixtures or 
movable facilities4  4  7c7 ,eligible   
veteran  7#a7 ,in general ,paragraph    
7#a7 of section #cf7;c7 of such ,code is
 amended by striking ,first-time        
homebuyer4--,the term first time        
homebuyer means any individual and      
inserting ,eligible veteran4--,the term 
eligible veteran means any individual   
who is a veteran 7as defined in section 
#aja7b7 of title #ch1 ,united ,states   
,code74  7#b7 ,long-time resident       
,paragraph 7#f7 of section #cf7;c7 of   
such ,code is amended by striking       
treated as a first-time homebuyer and   
inserting treated as meeting the no     
present ownership interest requirement  
of paragraph 7#a74  7d7 ,recapture of   
credit ,subsection 7f7 of section #cf of
 such ,code is amended to read as       
follows3  7f7 ,recapture of credit  7#a7
 ,in general ,if a taxpayer disposes of 

the principal residence with respect to 
which a credit was allowed under        
subsection 7a7 7or such residence ceases
 to be the principal residence of the   
taxpayer 7and1 if married1 the          
taxpayer's spouse77 before the end of   
the #cf-month period beginning on the   
date of the purchase of such residence  
by the taxpayer the tax imposed by this 
chapter for the taxable year of such    
disposition or cessation shall be       
increased by the amount of the credit so
 allowed4  7#b7 ,exceptions  7,a7 ,death
 of taxpayer ,paragraph 7#a7 shall not  
apply to any taxable year ending after  
the date of the taxpayer's death4  7,b7 
,involuntary conversion ,paragraph 7#a7 
shall not apply in the case of a        
residence which is compulsorily or      
involuntarily converted 7within the     
meaning of section #ajcc7;a77 if the    
taxpayer acquires a new principal       
residence during the #b-year period     
beginning on the date of the disposition
 or cessation referred to in paragraph  

7#a74 ,paragraph 7#a7 shall apply to    
such new principal residence during the 
#cf-month period referred to therein in 
the same manner as if such new principal
 residence were the converted residence4
  7,c7 ,transfers between spouses or    
incident to divorce ,in the case of a   
transfer of a residence to which section
 #ajda7;a7 applies-- 7i7 paragraph 7#a7 
shall not apply to such transfer1 and   
7ii7 in the case of taxable years ending
 after such transfer1 paragraph 7#a7    
shall apply to the transferee in the    
same manner as if such transferee were  
the transferor 7and shall not apply to  
the transferor74  7,d7 ,special rule for
 members of the ,armed ,forces1 etc  7i7
 ,in general ,in the case of the        
disposition of a principal residence by 
an individual 7or a cessation referred  
to in paragraph 7#a77 in connection with
 ,government orders received by such    
individual1 or such individual's spouse1
 for qualified official extended duty   
service1 paragraph 7#a7 shall not apply 

to such disposition 7or cessation74     
7ii7 ,qualified official extended duty  
service ,for purposes of this section1  
the term qualified official extended    
duty service means service on qualified 
official extended duty as-- 7,i7 a      
member of the uniformed services1       
7,,ii7 a member of the ,foreign ,service
 of the ,united ,states1 or  7,,iii7 an 
employee of the intelligence community4 
7iii7 ,definitions ,any term used in    
this subparagraph which is also used in 
paragraph 7#i7 of section #aba7;d7 shall
 have the same meaning as when used in  
such paragraph4  7#c7 ,joint returns ,in
 the case of a credit allowed under     
subsection 7a7 with respect to a joint  
return1 half of such credit shall be    
treated as having been allowed to each  
individual filing such return for       
purposes of this subsection4  7#d7      
,return requirement ,if the tax imposed 
by this chapter for the taxable year is 
increased under this subsection1 the    
taxpayer shall1 notwithstanding section 

#fjab1 be required to file a return with
 respect to the taxes imposed under this
 subtitle4  4  7e7 ,application of      
credit ,subsection 7h7 of section #cf of
 such ,code is amended to read as       
follows3  7h7 ,termination ,this section
 shall not apply to any residence       
purchased after ,december #ca1 #bjaf4  4
  7f7 ,assignment of credit in case of  
construction ,section #cf of such ,code 
is amended by adding at the end the     
following new subsection3  7i7 ,credit  
may be assigned  7#a7 ,in general ,in   
the case of a residence constructed by  
the taxpayer1 if such taxpayer elects   
the application of this subsection for  
any taxable year1 any portion of the    
credit determined under this section    
which is attributable to an increase    
under subparagraph 7,b7 of subsection   
7b77#a7 for such year which would 7but  
for this subsection7 be allowable to the
 taxpayer may be assigned to any person 
who is an eligible designee4 ,the person
 so designated shall be allowed the     

amount of the credit so assigned and    
shall be treated as the taxpayer with   
respect to such credit for purposes of  
this title 7other than this paragraph71 
except that such credit shall be treated
 as a credit listed in section #ch7;b7  
for such taxable year 7and not allowed  
under subsection 7a774  7#b7 ,eligible  
designee ,for purposes of paragraph     
7#a71 the term eligible designee means  
any person who1 with respect to the     
residence1 provides or installs any     
improvements1 special fixtures1 or      
movable facilities to which the credit  
is attributable under subparagraph 7,b7 
of subsection 7b77#a74  7#c7 ,election  
requirements ,any election under        
paragraph 7#a7 shall include such       
information and shall be made at such   
time1 and in such form and manner1 as   
the ,secretary shall by regulation      
prescribe4  4  7g7 ,conforming          
amendments  7#a7 ,section #ch7;b7 of    
such ,code is amended by striking plus  
at the end of paragraph 7#ce71 by       

striking the period at the end of       
paragraph 7#cf7 and inserting 1 plus1   
and by adding at the end the following  
new paragraph3  7#cg7 the portion of the
 veteran first-time homebuyer credit    
assigned to the taxpayer to which the   
second sentence of section #cf7;i77#a7  
applies1  4  7#b7 ,the heading for      
section #adjj;,c7e77#d7 of such ,code is
 amended by striking national first-time
 homebuyers credit and inserting veteran
 first-time homebuyers credit4  7h7     
,clerical amendments  7#a7 ,the heading 
for section #cf of such ,code is amended
 to read as follows3  #cf4 ,veteran     
first-time homebuyer credit  4  7#b7    
,the item relating to section #cf in the
 table of sections for subpart ,c of    
part ,,iv of subchapter ,a of chapter #a
 of such ,code is amended to read as    
follows3  ,sec4 #cf4 ,veteran first-time
 homebuyer credit4  4  7i7 ,effective   
date ,the amendments made by this       
section shall apply to residences       
purchased after the date of the         

enactment of this ,act4  #c4 ,veteran   
home mobility improvement credit  7a7   
,in general ,subpart ,c of part ,,iv of 
subchapter ,a of chapter #a of the      
,internal ,revenue ,code of #aihf is    
amended by inserting before section #cg 
the following new section3  #cf;,c4     
,veteran home mobility improvement      
credit  7a7 ,in general ,in the case of 
a veteran1 there shall be allowed as a  
credit against the tax imposed by this  
subtitle for any taxable year an amount 
equal to the amount paid or incurred by 
the taxpayer for qualified adaptive     
housing improvements for the taxable    
year4  7b7 ,limitation ,the credit      
allowed under subsection 7a7 shall not  
exceed #h1jjj4  7c7 ,qualified adaptive 
housing improvement ,for purposes of    
this section1 the term qualified        
adaptive housing improvement means      
special fixtures or movable facilities  
with respect to the principal residence 
of the veteran which are made necessary 
by the nature of the disability of the  

veteran1 if such fixtures and facilities
 are-- 7#a7 provided to the veteran     
pursuant to specially adapted housing   
assistance under chapter #ag or #ba of  
title #ch1 ,united ,states ,code1 or    
7#b7 similar to such fixtures and       
facilities that would be provided to the
 veteran if the veteran received such   
assistance4  7d7 ,credit may be assigned
  7#a7 ,in general ,if the taxpayer     
elects the application of this          
subsection for any taxable year1 any    
portion of the credit under this section
 for such year which would 7but for this
 subsection7 be allowable to the        
taxpayer may be assigned to any person  
who is an eligible designee4 ,the person
 so designated shall be allowed the     
amount of the credit so assigned and    
shall be treated as the taxpayer with   
respect to such credit for purposes of  
this title 7other than this paragraph71 
except that such credit shall be treated
 as a credit listed in section #ch7;b7  
for such taxable year 7and not allowed  

under subsection 7a774  7#b7 ,eligible  
designee ,for purposes of paragraph     
7#a71 the term eligible designee means  
any person who1 with respect to the     
residence1 provides or installs any     
qualified adaptive housing improvements 
to which the credit under this section  
is attributable4  7#c7 ,election        
requirements ,any election under        
paragraph 7#a7 shall include such       
information and shall be made at such   
time1 and in such form and manner1 as   
the ,secretary shall by regulation      
prescribe4  4  7b7 ,conforming          
amendments  7#a7 ,section #acbd7;b77#b7 
of title #ca1 ,united ,states ,code1 is 
amended by inserting #cf;,c1 after      
#cf;,b14  7#b7 ,section #ch7;b7 of the  
,internal ,revenue ,code of #aihf1 as   
amended by section #b1 is amended by    
striking plus at the end of paragraph   
7#cf71 by striking the period at the end
 of paragraph 7#cg7 and inserting 1 and1
 and by adding at the end the following 
new paragraph3  7#ch7 the portion of the

 veteran home mobility improvement      
credit assigned to the taxpayer to which
 the second sentence of section         
#cf;,c7d77#a7 applies4  4  7#c7 ,the    
table of sections for subpart ,c of part
 ,,iv of subchapter ,a of chapter #a of 
the ,internal ,revenue ,code of #aihf is
 amended by inserting before the item   
relating to section #cg the following   
new item3  ,sec4 #cf;,c4 ,veteran home  
mobility improvement credit4  4  7c7    
,effective date ,the amendments made by 
this section shall apply to taxable     
years beginning after ,december #ca1    
#bjac4