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HR 5655 113th Congress House

Creating American Prosperity through Preservation Act

Official title: To amend the Internal Revenue Code of 1986 to expand the rehabilitation credit, and for other purposes.

Introduced: November 12, 2014 See on congress.gov
Taxation Administrative law and regulatory proceduresBuilding constructionDepartment of the TreasuryEnergy efficiency and conservation
More subjectsShow fewer subjects
Historic sites and heritage areasIncome tax creditsIncome tax exclusionResidential rehabilitation and home repairTax-exempt organizations
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This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) 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
Sep 18, 2014
Referred to the House Committee on Ways and Means.
Sep 18, 2014
Introduced in House
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 Latest action September 18, 2014

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Creating American Prosperity through Preservation Act - Amends the Internal Revenue Code, with respect to tax credits for building rehabilitation expenditures, to: (1) allow an increased 30% credit for projects involving $7.5 million or less in rehabilitation expenditures, (2) provide for an additional 2% credit amount for a building that is a qualified energy efficient rehabilitated building (increased energy efficiency of 30% or more), (3) change the placed-in-service requirement for non-historic rehabilitated buildings from before 1936 to 50 years prior to the year in which qualified rehabilitation expenditures are taken into account, and (4) exempt from tax the proceeds of a state historic tax credit.

 Related & companion bills 1
  • S 1141 Related bill Creating American Prosperity through Preservation Act of 2013
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 16
All 16 Democratic 7 Republican 1
Reed, Tom
· Dec 9, 2014
SLAUGHTER, LOUISE
· Dec 8, 2014
 D
Cleaver, Emanuel
Missouri · Dec 2, 2014
 D
DelBene, Suzan K.
Washington · Dec 2, 2014
 D
Tonko, Paul
New York · Nov 20, 2014
 D
Bonamici, Suzanne
Oregon · Nov 18, 2014
Boustany, Charles
· Nov 14, 2014
 D
Kaptur, Marcy
Ohio · Nov 14, 2014
Maffei, Daniel
· Nov 14, 2014
Butterfield, G. K.
· Nov 12, 2014
CUMMINGS, ELIJAH
· Nov 12, 2014
 D
McGovern, James P.
Massachusetts · Nov 12, 2014
 D
Neal, Richard E.
Massachusetts · Nov 12, 2014
Tsongas, Niki
· Nov 12, 2014
 R
Kelly, Mike
Pennsylvania · Sep 18, 2014
KIND, RON
· Sep 18, 2014
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5655: Creating American Prosperity through Preservation Act. 113th Congress. Open America. https://openamerica.io/bill/113-HR-5655/
MLA
"H.R. 5655: Creating American Prosperity through Preservation Act." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-5655/.
Bluebook (legal)
H.R. 5655, 113th Cong. (2026), https://openamerica.io/bill/113-HR-5655/.
Markdown link
[H.R. 5655: Creating American Prosperity through Preservation Act](https://openamerica.io/bill/113-HR-5655/)
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