A bill to amend the Internal Revenue Code of 1954 to allow an individual a credit against income tax for certain expenditures for the purpose of reducing radon levels in the principal residence of the individual.

Amends the Internal Revenue Code to allow an income tax credit for expenses incurred for radon-reduction equipment installed in a principal residence. Sets the amount of such credit at 40 percent of such expenditures. Limits to $2,000 the amount of such expenditures which may be taken into account.