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- S.2511
S.2511: Revitalizing Downtowns Act
About This Bill
- Introduced July 28, 2021
- Latest Major Action July 28, 2021
Bill Sponsor
Bill Cosponsors
3 (All Democrats)
Bill Version
- Introduced in Senate - July 28, 2021
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 |
Read twice and referred to the Committee on Finance.
|
July 28, 2021 |
Introduced in the Senate by Debbie Stabenow (D-Mich.) |