H.R. 6267 · 114th Congress
Preserving America's Downtowns and Heritage Act of 2016
- Stage
- In committee
- Sponsor
- David McKinley
- Introduced
- 2016-09-28
- Latest action
- 2016-09-28 · Introduced in House
Summary
Preserving America's Downtowns and Heritage Act of 2016
This bill 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.