United States · Bill · HR
H.R. 4759 (117th)
Revitalizing Downtowns Act
Introduced
28 July 2021
Last action
28 July 2021 · Introduced
Status
Referred to the House Committee on Ways and Means.
Sponsors
Jimmy Gomez, John Larson, Daniel Kildee, Filemon Vela, Cheri Bustos, TIM RYAN, Rep. Sewell, Terri A. [D-AL-7], Rep. Beyer, Donald S. [D-VA-8], Jahana Hayes, Rep. Mfume, Kweisi [D-MD-7], Scott Peters, Rep. Panetta, Jimmy [D-CA-19], Brad Sherman, Rep. Schakowsky, Janice D. [D-IL-9], David Scott, Mike Levin, Rep. Gottheimer, Josh [D-NJ-5], Robin Kelly, Rep. Davis, Danny K. [D-IL-7], Derek Kilmer, Katie Porter, Andy Levin, Dwight Evans, Pete Aguilar, Vicente Gonzalez, David Cicilline, Grace Napolitano, Rep. Krishnamoorthi, Raja [D-IL-8], Jared Huffman, Shontel Brown, Rep. Dean, Madeleine [D-PA-4]
Subjects
Taxation
Source updated
10 January 2026
Summary
Revitalizing Downtowns Act This bill expands the investment tax credit to add a qualified office conversion credit. The amount of such credit is 20% of the qualified conversion expenditures with respect to a qualified converted building. The bill defines qualified converted building as any building if (1) prior to conversion, the building was nonresidential real property which was leased, or available for lease, to office tenants; (2) the building has been substantially converted from an office use to a residential, retail, or other commercial use; (3) the building was initially placed in service at least 25 years prior to the beginning of the conversion, and (4) straight line depreciation is allowable with respect to the building.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
28 July 2021
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
28 July 2021
Introduced
Introduced in House
Source: IntroReferral
28 July 2021
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 28 July 2021 · Official file
Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 28 July 2021
Introduced in House (PDF)
Introduced in House · EN · 28 July 2021
Introduced in House
summary · EN · 28 July 2021
Sponsors
- Jimmy Gomez · D · Sponsor
- John Larson · D · Sponsor
- Daniel Kildee · D · Sponsor
- Filemon Vela · D · Cosponsor
- Cheri Bustos · D · Cosponsor
- TIM RYAN · D · Cosponsor
- Rep. Sewell, Terri A. [D-AL-7] · D · Cosponsor
- Rep. Beyer, Donald S. [D-VA-8] · D · Cosponsor
- Jahana Hayes · D · Cosponsor
- Rep. Mfume, Kweisi [D-MD-7] · D · Cosponsor
- Scott Peters · D · Cosponsor
- Rep. Panetta, Jimmy [D-CA-19] · D · Cosponsor
- Brad Sherman · D · Cosponsor
- Rep. Schakowsky, Janice D. [D-IL-9] · D · Cosponsor
- David Scott · D · Cosponsor
- Mike Levin · D · Cosponsor
- Rep. Gottheimer, Josh [D-NJ-5] · D · Cosponsor
- Robin Kelly · D · Cosponsor
- Rep. Davis, Danny K. [D-IL-7] · D · Cosponsor
- Derek Kilmer · D · Cosponsor
- Katie Porter · D · Cosponsor
- Andy Levin · D · Cosponsor
- Dwight Evans · D · Cosponsor
- Pete Aguilar · D · Cosponsor
- Vicente Gonzalez · D · Cosponsor
- David Cicilline · D · Cosponsor
- Grace Napolitano · D · Cosponsor
- Rep. Krishnamoorthi, Raja [D-IL-8] · D · Cosponsor
- Jared Huffman · D · Cosponsor
- Shontel Brown · D · Cosponsor
- Rep. Dean, Madeleine [D-PA-4] · D · Cosponsor
- · hswm00 · Standing
Related records
- related to → Revitalizing Downtowns Act
- related to → Revitalizing Downtowns Act
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/house-bill/4759
- Open data entity: https://api.congress.gov/v3/bill/117/hr/4759
- us · 117-hr-4759 · source updated 10 January 2026