Community Restoration and Revitalization Act of 2005
Latest action · Jun 30, 2005 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJun 30, 2005
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Community Restoration and Revitalization Act of 2005 - Amends the Internal Revenue Code to: (1) allow an increased rehabilitation tax credit for certain low-income buildings; (2) allow a basis reduction adjustment for property eligible for the credit; (3) increase the credit for certain smaller buildings; (4) allow property eligible for the credit to be used for lodging purposes; (5) modify placed-in-service rules for credit property; (6) modify qualification rules for credit property that is tax-exempt use property; (7) increase the credit for buildings in high cost areas; and (8) exempt certain condominium transactions from rehabilitation tax credit recapture requirements.
Cosponsors 69
Members who signed on, in the order they did. Signatures ran from Jun 30, 2005 to Nov 13, 2006; 22 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-AL | Artur Davis | Original | Jun 30, 2005 |
| D-NC | Brad Miller | Original | Jun 30, 2005 |
| R-VA | Frank R. Wolf | Original | Jun 30, 2005 |
| D-MA | James P. McGovern | Original | Jun 30, 2005 |
| R-FL | Jeff Miller | Original | Jun 30, 2005 |
| R-LA | Jim McCrery | Original | Jun 30, 2005 |
| D-GA | John Lewis | Original | Jun 30, 2005 |
| D-CO | Mark Udall | Original | Jun 30, 2005 |
| R-OH | Michael R. Turner | Original | Jun 30, 2005 |
| D-AR | Mike Ross | Original | Jun 30, 2005 |
| R-CT | Nancy L. Johnson | Original | Jun 30, 2005 |
| D-MA | Richard E. Neal | Original | Jun 30, 2005 |
| R-LA | Richard H. Baker | Original | Jun 30, 2005 |
| D-NJ | Robert E. Andrews | Original | Jun 30, 2005 |
| D-NJ | Robert Menendez | Original | Jun 30, 2005 |
| R-TX | Ron Paul | Original | Jun 30, 2005 |
| D-MO | Russ Carnahan | Original | Jun 30, 2005 |
| R-NY | Sherwood Boehlert | Original | Jun 30, 2005 |
| D-SD | Stephanie Herseth Sandlin | Original | Jun 30, 2005 |
| D-OH | Stephanie Tubbs Jones | Original | Jun 30, 2005 |
| D-LA | William J. Jefferson | Original | Jun 30, 2005 |
| R-TN | William L. Jenkins | Original | Jun 30, 2005 |
| D-CA | Adam B. Schiff | Jul 14, 2005 | |
| D-WV | Alan B. Mollohan | Jul 14, 2005 | |
| R-CO | Bob Beauprez | Jul 14, 2005 | |
| D-GA | John Barrow | Jul 14, 2005 | |
| R-IN | Mark E. Souder | Jul 14, 2005 | |
| R-CT | Christopher Shays | Sep 7, 2005 | |
| D-RI | Patrick J. Kennedy | Sep 7, 2005 | |
| R-CT | Rob Simmons | Sep 7, 2005 | |
| D-MI | Dale E. Kildee | Oct 18, 2005 | |
| R-PA | Melissa A. Hart | Oct 18, 2005 | |
| D-PA | Allyson Y. Schwartz | Feb 16, 2006 | |
| R-PA | Bill Shuster | Feb 16, 2006 | |
| D-CA | Bob Filner | Feb 16, 2006 | |
| D-KS | Dennis Moore | Feb 16, 2006 | |
| D-RI | James R. Langevin | Feb 16, 2006 | |
| R-TX | Lamar Smith | Feb 16, 2006 | |
| R-PA | Michael G. Fitzpatrick | Feb 16, 2006 | |
| D-NC | Mike McIntyre | Feb 16, 2006 | |
| R-PA | Todd Russell Platts | Feb 16, 2006 | |
| R-MI | Vernon J. Ehlers | Feb 16, 2006 | |
| R-PA | Curt Weldon | Mar 9, 2006 | |
| D-IL | Jerry F. Costello | Mar 9, 2006 | |
| D-IN | Julia Carson | Mar 9, 2006 | |
| D-WV | Nick J. Rahall II | Mar 9, 2006 | |
| R-IL | Ray LaHood | Mar 9, 2006 | |
| D-WI | Ron Kind | Mar 9, 2006 | |
| D-TN | Harold E. Ford Jr. | Mar 16, 2006 | |
| R-AL | Jo Bonner | Mar 16, 2006 | |
| D-SC | John M. Spratt, Jr. | Mar 16, 2006 | |
| D-NJ | Rush Holt | Mar 16, 2006 | |
| D-MN | Betty McCollum | Apr 6, 2006 | |
| R-PA | Charles W. Dent | Apr 6, 2006 | |
| R-AR | John Boozman | Apr 6, 2006 | |
| D-AR | Vic Snyder | Apr 26, 2006 | |
| D-IL | Lane Evans | May 10, 2006 | |
| D-OR | Earl Blumenauer | May 19, 2006 | |
| R-GA | Jack Kingston | May 19, 2006 | |
| D-VA | James P. Moran | May 19, 2006 | |
| D-IL | Janice D. Schakowsky | May 19, 2006 | |
| D-WA | Rick Larsen | Jun 9, 2006 | |
| D-GA | Jim Marshall | Jun 22, 2006 | |
| R-IL | Mark Kirk | Jun 27, 2006 | |
| D-IL | Danny K. Davis | Jun 29, 2006 | |
| D-IL | Luis V. Gutierrez | Jun 29, 2006 | |
| R-NY | Vito Fossella | Sep 6, 2006 | |
| D-TX | Eddie Bernice Johnson | Sep 14, 2006 | |
| D-CA | Henry A. Waxman | Nov 13, 2006 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Jun 30, 2005 |
Actions 2
Everything that happened, newest first.
- Jun 30, 2005Introduced in House
- Jun 30, 2005Referred to the House Committee on Ways and Means.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| Serial No. 109-262 | HISTORIC PRESERVATION AND COMMUNITY DEVELOPMENT: WHY CITIES AND TOWNS SHOULD LOOK TO THE PAST AS A KEY TO THEIR FUTURE266 pages | Oversight and Government Reform Committee | Sep 20, 2006 |
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| RL32899 | Housing Issues in the 109th Congress Archived | Report | Jan 8, 2007 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 659 | Community Restoration and Revitalization Act of 2005 | Related bill | Feb 8, 2005 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to modify the rehabilitation credit and the low-income housing credit.
- Short Titles as Introduced
- Community Restoration and Revitalization Act of 2005
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Building construction
- Collection of accounts
- Commemorations
- Commerce
- Condominium (Housing)
- Depressed areas
- Economics and Public Finance
- Historic sites
- History
- Housing and Community Development
- Income tax
- Investment tax credit
- Leases
- Low-income housing
- Maintenance and repair
- Office buildings
- Rental housing
- Residential rehabilitation
- Tax credits
- Tax-exempt organizations
- Taxation
- Valuation
Text 1
Each version as it was printed, newest first.
- Jun 30, 2005Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.