H.R.3715: Community Restoration and Revitalization Act of 2009

About This Bill

Bill Cosponsors

74 (64 Democrats, 10 Republicans)

Bill Summary

Community Restoration and Revitalization Act of 2009 - Amends the Internal Revenue Code relating to the building rehabilitation tax credit to: (1) allow an increased 30% credit for projects involving $7.5 million or less in rehabilitation expenditures; (2) allow rehabilitated buildings used for lodging to qualify for such credit; (3) establish a 50-year placed-in-service requirement for non-historic rehabilitated buildings; (4) allow such...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Oct. 1, 2009

Introduced in the House by Allyson Y. Schwartz (D-Pa.)

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