S. 1459 · Where this bill is now
In committee
Introduced in the Senate, Apr 10, 2025
119th Congress
1st SessionS. 1459
1st SessionS. 1459
A BILL
Historic Tax Credit Growth and Opportunity Act of 2025
In the SenateNo vote yet
Sponsor: Sen. Bill Cassidy (R-LA) · Introduced Apr 10, 2025 · Taxation · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Apr 10, 2025: “Read twice and referred to the Committee on Finance.”
Sections
Sections · 6
- Sec. 1Short titleNo change
- Sec. 2Full credit allowed in the year building placed in serviceNo change
- Sec. 3Increase in the rehabilitation credit for certain small projectsNo change
- Sec. 4Increasing the type of buildings eligible for rehabilitationNo change
- Sec. 5Elimination of rehabilitation credit basis adjustmentNo change
- Sec. 6Modifications regarding certain tax-exempt use propertyNo change