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- H.R.2825
H.R.2825: Historic Tax Credit Growth and Opportunity Act of 2019
About This Bill
- Introduced May 17, 2019
- Latest Major Action May 17, 2019
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
66 (35 Democrats, 31 Republicans)
Bill Version
- Introduced in House - May 17, 2019
Bill Summary
Historic Tax Credit Growth and Opportunity Act of 2019 This bill increases the rehabilitation tax credit and modifies certain requirements for the credit. The bill increases the rate of the credit to 30% for smaller projects (rehabilitation expenditures not exceeding $3.75 million) and caps the credit for such projects at $750,000 for all taxable years. The bill also allows taxpayers to transfer all or a portion of the credits that are...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
May 17, 2019 |
Referred to the House Committee on Ways and Means.
|
May 17, 2019 |
Introduced in the House by Earl Blumenauer (D-Ore.) |