Rehabilitation of Historic Schools Act of 2017
- Last Action
- 2/7/2017
Actions
- 2017-02-07Referred to the House Committee on Ways and Means.
- 2017-02-07Introduced in House
- 2017-02-07Introduced in House
CRS Summary
As of 2017-02-07 (00)
Rehabilitation of Historic Schools Act of 2017
This bill amends the Internal Revenue Code to allow rehabilitation expenditures for any building which is a qualified public educational facility to qualify for the rehabilitation tax credit. A "qualified public educational facility" is a school facility which is part of a public elementary or secondary school and is owned by a private, for-profit corporation pursuant to a public-private partnership agreement with a state or local educational agency.
Cosponsors (1)
- A. McEachin (D-VA)
Subjects
- Building construction
- Educational facilities and institutions
- Elementary and secondary education
- Historic sites and heritage areas
- Income tax credits
Sourced from Congress.gov (public domain).
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