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

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).

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 3 October 2023

   Introduced

   Introduced in House

   Source: IntroReferral

2. 3 October 2023

   Introduced

   Introduced in House

   Source: IntroReferral

3. 25 October 2023

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 25 October 2023 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 25 October 2023

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 25 October 2023

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 3 October 2023

  Open at official source

Sponsors

• Rep. Carey, Mike [R-OH-15] · R · Sponsor
• Rep. Schneider, Bradley Scott [D-IL-10] · D · Sponsor
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.