H.R. 5882 · 118th Congress
To amend the Internal Revenue Code of 1986 to modify the rehabilitation credit to allow such credit to be taken in one taxable year.
- Stage
- In committee
- Sponsor
- Mike Carey
- Introduced
- 2023-10-03
- Latest action
- 2023-10-25 · Referred to the House Committee on Ways and Means.
Summary
This bill allows the full amount of the 20% rehabilitation tax credit to be taken in one taxable year (currently, spread over five years).