HR 1172 106th Congress House

Historic Homeownership Assistance Act

Official title: To amend the Internal Revenue Code of 1986 to provide a credit against income tax to individuals who rehabilitate historic homes or who are the first purchaser… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to provide a credit against income tax to individuals who rehabilitate historic homes or who are the first purchasers of rehabilitated historic homes for use as a principal residence.

Introduced: July 29, 1999 See on congress.gov

Taxation Administrative feesApartment housesCommemorationsCondominium (Housing)

More subjectsShow fewer subjects

Cooperative housingEconomics and Public FinanceEnterprise zonesFederally-assisted loansFinance and Financial SectorGovernment Operations and PoliticsHistoric sitesHistoryHome ownershipHousing and Community DevelopmentIncome taxLawLocal lawsMortgage banksMortgage interest rates

Everywhere this bill has been 3 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 17, 1999

Referred to the House Committee on Ways and Means.

Mar 17, 1999

Sponsor introductory remarks on measure. (CR E468-469)

Mar 17, 1999

Introduced in House

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Latest action March 17, 1999

Referred to the House Committee on Ways and Means.

Plain-English summary Congressional Research Service

Historic Homeownership Assistance Act - Amends the Internal Revenue Code to allow a tax credit for 20 percent of the qualified rehabilitation expenditures made by a taxpayer with respect to a qualified historic home which has been substantially rehabilitated and which is owned by the taxpayer and used as his or her principal residence. Allows the credit for such expenditures to be taken by a purchaser of the rehabilitated home. Permits, in lieu of the credit, a historic rehabilitation mortgage credit certificate, which may be transferred to a lender in exchange for a reduction in the rate of interest on the loan secured by the building.

Related & companion bills 1

Bill text 1 version

Introduced in House Formatted Text PDF

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Ways and Means Committee
House of Representatives

Cosponsors 23

Calvert, Ken

California · Sep 20, 2000

McGovern, James P.

Massachusetts · Apr 13, 2000

Norton, Eleanor Holmes

District of Columbia · Mar 16, 2000

Sanders, Bernard

Vermont · Nov 16, 1999

LAMPSON, NICK

· Jul 29, 1999

Nadler, Jerrold

New York · Jul 29, 1999

Davis, Danny K.

Illinois · Jul 13, 1999

Baldwin, Tammy

Wisconsin · Jul 1, 1999

Rogers, Harold

Kentucky · Jul 1, 1999

Lucas, Frank D.

Oklahoma · Jun 16, 1999

Mississippi · Jun 16, 1999

Pelosi, Nancy

California · May 25, 1999

Thompson, Bennie G.

Mississippi · May 25, 1999

DeGette, Diana

Colorado · Apr 15, 1999

Kaptur, Marcy

Ohio · Apr 15, 1999

Neal, Richard E.

Massachusetts · Mar 25, 1999

Bishop, Sanford D.

Georgia · Mar 17, 1999

Clyburn, James E.

South Carolina · Mar 17, 1999

DeLauro, Rosa L.

Connecticut · Mar 17, 1999

Lofgren, Zoe

California · Mar 17, 1999

Smith, Christopher H.

New Jersey · Mar 17, 1999

Cite this page click to expand

APA

U.S. Congress. (2026). H.R. 1172: Historic Homeownership Assistance Act. 106th Congress. Open America. https://openamerica.io/bill/106-HR-1172/

MLA

"H.R. 1172: Historic Homeownership Assistance Act." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-HR-1172/.

Bluebook (legal)

H.R. 1172, 106th Cong. (2026), https://openamerica.io/bill/106-HR-1172/.

Markdown link

[H.R. 1172: Historic Homeownership Assistance Act](https://openamerica.io/bill/106-HR-1172/)