HR 4933
107th Congress
House
Taxation
Business income tax
Commemorations
Commerce
Government Operations and Politics
Historic sites
History
Income tax
Local taxation
Partnerships
Personal income tax
Small business
State taxation
Tax credits
Tax exclusion
Tax refunds
Valuation
Historic Rehabilitation Enhancement Act of 2002
Introduced: June 13, 2002
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 13, 2002
Referred to the House Committee on Ways and Means.
Jun 13, 2002
Introduced in House
Plain-English summary
Historic Rehabilitation Enhancement Act of 2002 - Establishes that in the case of a transfer or a disposal of a "State historic tax credit" by a taxpayer, or in a case where a taxpayer receives a refund for all or part of such a credit, no portion of the net proceeds shall constitute income under the Internal Revenue Code, unless the taxpayer elects for the proceeds to count as such. Sets forth rules for determining the reduction in basis from transactions in which proceeds from a "State historic tax credit" are not counted as income. Defines "State historic tax credits."
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1