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S. 932

Historic Downtown Preservation and Access Act

Historic Downtown Preservation and Access Act

Amends the Internal Revenue Code to allow a refundable tax credit for 50% of the cost of installing an elevator system or a sprinkler system in a certified historic structure. Limits the total amount of such credit to $50,000 in any taxable year.

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure:CR S2174-2175)

Sen. Leahy, Patrick J. [D-VT](D-VT)Sponsor
1committees2actions4subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure:CR S2174-2175)

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Historic Downtown Preservation and Access Act — Informed