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S 1141 113th Congress Senate Taxation Administrative law and regulatory procedures Building construction Department of the Treasury Energy efficiency and conservation Historic sites and heritage areas Income tax credits Income tax exclusion Residential rehabilitation and home repair Tax-exempt organizations

Creating American Prosperity through Preservation Act of 2013

Introduced: June 11, 2013 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 11, 2013
Read twice and referred to the Committee on Finance.
Jun 11, 2013
Introduced in Senate
 Plain-English summary Congressional Research Service

Creating American Prosperity through Preservation Act of 2013 - 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.

What's happening now June 11, 2013

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1