HR 5882

118th Congress • 2023-2025 (Ended)

To amend the Internal Revenue Code of 1986 to modify the rehabilitation credit to allow such credit to be taken in one taxable year.

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Bill Number

HR 5882

Introduced

Oct 3, 2023

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Rep. Mike Carey (R-OH)

Cosponsors

Topics

Taxation

Full Text

View Full Bill Text

Votes

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).

Actions

• Oct 25, 2023
  Referred to the House Committee on Ways and Means.
• Oct 3, 2023
  Introduced in House

Amendments

Related Bills

• No related bills.