118th Congress Taxation
H.R. 5882: To amend the Internal Revenue Code of 1986 to modify the rehabilitation credit to allow such credit to be taken in one taxable year.
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
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).
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Bradley Schneider D-ILOriginal
Who scored on this bill
- 1Mike Carey SponsorDrew cross-party cosponsors, introduced2 events+6
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
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- H.R. 6431: New Opportunities for Business Ownership and Self-Sufficiency Act
- H.R. 1453: Clean Energy Demonstration Transparency Act of 2025
- H.J.Res. 25: Disapproval of Internal Revenue Service rule: Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales
- H.R. 6513: COCOA Act of 2024
- H.R. 1069: Clean Energy Demonstration Transparency Act of 2023
History
- Introduced in the House by Mike Carey.
Show the full action history (2 actions)
- Referred to the House Committee on Ways and Means.
- Introduced in House