Expressing support for the designation of May as Ehlers-Danlos Syndrome Awareness Month to increase the knowledge of this little-known, potentially fatal, genetic disease.
- Last Action
- 5/19/2023
Actions
- 2023-01-20Referred to the House Committee on Ways and Means.
- 2023-01-20Introduced in House
- 2023-01-20Introduced in House
CRS Summary
As of 2023-01-20 (00)
Revitalizing Downtowns Act
This bill expands the investment tax credit to add a qualified office conversion credit. The amount of such credit is 20% of the qualified conversion expenditures with respect to a qualified converted building. The bill defines qualified converted building as any building if (1) prior to conversion, the building was nonresidential real property which was leased, or available for lease, to office tenants; (2) the building has been substantially converted from an office use to a residential, retail, or other commercial use; (3) the building was initially placed in service at least 25 years prior to the beginning of the conversion, and (4) straight line depreciation is allowable with respect to the building.
Cosponsors (9)
- JOHN LARSON (D-CT)
- Daniel Kildee (D-MI)
- BRAD SHERMAN (D-CA)
- Mike Levin (D-CA)
- Raja Krishnamoorthi (D-IL)
- Jahana Hayes (D-CT)
- ELEANOR NORTON (D-DC)
- Marcy Kaptur (D-OH)
- Timothy Kennedy (D-NY)
Subjects
- Building construction
- Housing supply and affordability
- Income tax credits
- Urban and suburban affairs and development
Sourced from Congress.gov (public domain).
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