HR 5882 118th Congress House Taxation

To amend the Internal Revenue Code of 1986 to modify the rehabilitation credit to allow such credit to be taken in one taxable year.

Introduced: October 3, 2023 Introduced by: Carey, Mike Republican · Ohio See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Oct 25, 2023

Referred to the House Committee on Ways and Means.

Oct 3, 2023

Introduced in House

Plain-English summary Congressional Research Service

This bill allows the full amount of the 20% rehabilitation tax credit to be taken in one taxable year (currently, spread over five years).

What's happening now October 25, 2023

Referred to the House Committee on Ways and Means.

Committees of jurisdiction 1

Cosponsors 1