H.R.2294: Historic Tax Credit Growth and Opportunity Act of 2021

About This Bill

Bill Cosponsors

103 (60 Democrats, 43 Republicans)

Bill Version

Bill Summary

Historic Tax Credit Growth and Opportunity Act of 2021 This bill increases the rehabilitation tax credit and modifies certain requirements for the credit. The bill increases the rate of the credit for qualified rehabilitation expenditures in taxable years beginning after December 31, 2019, and before January 1, 2027, after which the rate reverts to 20%. The bill increases the rate of the credit to 30% for certain small projects whose...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with H.R.2294.

Bill Actions

Date Description
April 1, 2021
Referred to the House Committee on Ways and Means.
April 1, 2021

Introduced in the House by Earl Blumenauer (D-Ore.)

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