H.R. 5930 · 112th Congress
Preserving America's Downtowns and Heritage Act of 2012
- Stage
- In committee
- Sponsor
- David McKinley
- Introduced
- 2012-06-08
- Latest action
- 2012-06-08 · Introduced in House
Summary
Preserving America's Downtowns and Heritage Act of 2012 - Amends the Internal Revenue Code to: (1) increase the rate of the rehabilitation tax credit for commercial buildings and for certified historic structures, and (2) allow a new 20% rehabilitation tax credit for certified historic buildings used by a taxpayer as a principal residence.