Lead Paint Tax Credit

A new proposed law, sponsored by State Senator Richard Tisei (R-Wakefield), seeks to increase the tax credit for the de-leading of homes for the first time in 13 years.

The Realtors® support the passage of SB 1827 “An Act Encouraging the Deleading of Residential Units”, which would increase the tax credit for de-leading homes from $1,500 to $2,500 per unit.

This bill would apply to “residential premises”, including single-family homes, condominiums, multi-family individual units, and apartments.

This bill would not affect the requirements of the Commonwealth’s Massachusetts Department of Public Health’s Childhood Lead Poisoning Prevention Program (CLPPP).

There are also several other financial assistance programs for de-leading residential premises.