H.R.4759: Revitalizing Downtowns Act

About This Bill

Bill Version

Bill Summary

Revitalizing Downtowns Act This bill expands the investment tax credit to add a qualified office conversion credit. The amount of such credit is 20% of the qualified conversion expenditures with respect to a qualified converted building. The bill defines qualified converted building as any building if (1) prior to conversion, the building was nonresidential real property which was leased, or available for lease, to office tenants; (2) the...

(Source: Library of Congress)

Bill Actions

Date Description
July 28, 2021
Referred to the House Committee on Ways and Means.
July 28, 2021

Introduced in the House by Jimmy Gomez (D-Calif.)

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