H.R. 2555 · 112th Congress
Historic Homeownership Revitalization Act of 2011
- Stage
- In committee
- Sponsor
- Michael Turner
- Introduced
- 2011-07-15
- Latest action
- 2011-07-15 · Introduced in House
Summary
Historic Homeownership Revitalization Act of 2011 - Amends the Internal Revenue Code to: (1) allow a new tax credit for 20% of rehabilitation expenditures for a historic home used as a principal residence, up to $60,000; and (2) increase the rehabilitation tax credit for residential rental property located in economically distressed areas with high construction costs.