Historic Tax Credit Enhancement Act of 2018
Latest action · Jun 13, 2018 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 13, 2018
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Historic Tax Credit Enhancement Act of 2018
This bill amends the Internal Revenue Code to eliminate the requirement for a taxpayer to reduce the basis of a building by the amount of the tax credit determined for the rehabilitation of a certified historic structure.
Cosponsors 18
Members who signed on, in the order they did. Signatures ran from Jun 13, 2018 to Dec 13, 2018; 2 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-OR | Earl Blumenauer | Original | Jun 13, 2018 |
| R-PA | Mike Kelly | Original | Jun 13, 2018 |
| D-AL | Terri A. Sewell | Jun 19, 2018 | |
| R-OH | Steve Stivers | Jun 20, 2018 | |
| R-WV | David B. McKinley | Jun 25, 2018 | |
| R-OH | Michael R. Turner | Jun 25, 2018 | |
| R-AR | Bruce Westerman | Jun 28, 2018 | |
| R-GA | Earl L. "Buddy" Carter | Jul 17, 2018 | |
| R-OH | David P. Joyce | Jul 24, 2018 | |
| R-LA | Ralph Lee Abraham | Jul 24, 2018 | |
| R-AL | Bradley Byrne | Sep 13, 2018 | |
| R-IA | Rod Blum | Oct 5, 2018 | |
| D-NY | Brian Higgins | Oct 26, 2018 | |
| R-NY | Elise M. Stefanik | Nov 20, 2018 | |
| D-OR | Peter A. DeFazio | Nov 28, 2018 | |
| R-ID | Michael K. Simpson | Dec 10, 2018 | |
| D-OH | Tim Ryan | Dec 10, 2018 | |
| D-WI | Mark Pocan | Dec 13, 2018 |
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 13, 2018 |
Actions 2
Everything that happened, newest first.
- Jun 13, 2018Introduced in House
- Jun 13, 2018Referred 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.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 164, no. 98, June 13, 2018, page H5153.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 3058 | Historic Tax Credit Enhancement Act | Related bill | Jun 13, 2018 |
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 eliminate the requirement that the taxpayer's basis in a building be reduced by the amount of the rehabilitation credit determined with respect to such building.
- Short Titles as Introduced
- Historic Tax Credit Enhancement Act of 2018
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Jun 13, 2018Introduced 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.
