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United States · Bill · S

S. 1306 (115th)

Historic Downtown Preservation and Access Act

referredUnited States· United States Congress· EN

Introduced

7 June 2017

Last action

Status

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3330)

Sponsors

Subjects

Discovery layer

Source updated

11 August 2025

Summary

Historic Downtown Preservation and Access Act This bill amends the Internal Revenue Code to allow refundable tax credits for 50% of the expenses paid or incurred by the taxpayer during the year for: (1) installing an elevator or a sprinkler system in a certified historic structure, and (2) hazardous substance (lead paint, radon, and asbestos) abatement services with respect to a certified historic structure. The amount of each of the two credits, with respect to any taxpayer, may not exceed $50,000 per year.

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3 official files

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