Visitable Inclusive Tax credits for Accessible Living (VITAL) Act

(H) Per capita amount. For purposes of subparagraph (C)(ii)(I), the per capita amount shall be determined as follows:

(i) Calendar year 2026. For calendar year 2026, the per capita amount is $4.25.

(ii) Calendar year 2027. For calendar year 2027, the per capita amount is the product of—

(I) 1.25, and

(II) the dollar amount under clause (i) increased by an amount equal to— If the amount determined after application of the preceding sentence is not a multiple of $5,000, such amount shall be rounded to the next lowest multiple of $5,000.

(aa) such dollar amount, multiplied by

(bb) the cost-of-living adjustment determined under section 1(f)(3) for such calendar year, determined by substituting calendar year 2024 for calendar year 2016 in subparagraph (A)(ii) thereof.

(iii) Calendar years after 2027. In the case of any calendar year after 2027, the per capita amount is the dollar amount determined under clause (ii) increased by an amount equal to— Any amount increased under the preceding sentence which is not a multiple of 5 cents shall be rounded to the next lowest multiple of 5 cents.

(I) such dollar amount, multiplied by

(II) the cost-of-living adjustment determined under section 1(f)(3) for such calendar year, determined by substituting calendar year 2026 for calendar year 2016 in subparagraph (A)(ii) thereof.

(I) Minimum amount. For purposes of subparagraph (C)(ii)(II), the minimum amount shall be determined as follows:

(i) Calendar year 2026. For calendar year, 2026, the minimum amount is $4,876,000.

(ii) Calendar year 2027. For calendar year 2027, the minimum amount is the product of—

(I) 1.25, and

(II) the dollar amount under clause (i) increased by an amount equal to— If the amount determined after application of the preceding sentence is not a multiple of 5 cents, such amount shall be rounded to the next lowest multiple of 5 cents.

(aa) such dollar amount, multiplied by

(bb) the cost-of-living adjustment determined under section 1(f)(3) for such calendar year, determined by substituting calendar year 2024 for calendar year 2016 in subparagraph (A)(ii) thereof.

(iii) Calendar years after 2027. In the case of any calendar year after 2027, the minimum amount is the dollar amount determined under clause (ii) increased by an amount equal to— Any amount increased under the preceding sentence which is not a multiple of $5,000 shall be rounded to the next lowest multiple of $5,000.

(I) such dollar amount, multiplied by

(II) the cost-of-living adjustment determined under section 1(f)(3) for such calendar year, determined by substituting calendar year 2026 for calendar year 2016 in subparagraph (A)(ii) thereof.