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HR 5982 112th Congress House

To amend the Internal Revenue Code of 1986 to provide that the value of certain historic property shall be determined using an income approach in determining the taxable estate of a decedent.

Introduced: June 20, 2012 See on congress.gov
Taxation Historic sites and heritage areasTransfer and inheritance taxes
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 20, 2012
Referred to the House Committee on Ways and Means.
Jun 20, 2012
Introduced in House
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 Latest action June 20, 2012

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to allow decedent estates to base the value of qualified historic property on the net earnings of such property for estate and gift tax purposes. Defines "qualified historic property" as any building designated as a national historic landmark for at least 25 years prior to the death of a decedent and originally used for residential or farming purposes.

 Related & companion bills 1
  • S 2209 Identical bill A bill to amend the Internal Revenue Code of 1986 to provide that the value of certain historic property shall be deter…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 5982: To amend the Internal Revenue Code of 1986 to provide that the value of certain historic property shall be determined using an income approach in determining the taxable estate of a decedent.. 112th Congress. Open America. https://openamerica.io/bill/112-HR-5982/
MLA
"H.R. 5982: To amend the Internal Revenue Code of 1986 to provide that the value of certain historic property shall be determined using an income approach in determining the taxable estate of a decedent.." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-5982/.
Bluebook (legal)
H.R. 5982, 112th Cong. (2026), https://openamerica.io/bill/112-HR-5982/.
Markdown link
[H.R. 5982: To amend the Internal Revenue Code of 1986 to provide that the value of certain historic property shall be determined using an income approach in determining the taxable estate of a decedent.](https://openamerica.io/bill/112-HR-5982/)
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